Bakkt Holdings, Inc.
Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to info@portnoylaw.com.
There is no cost or obligation associated with submitting your information. If you are a shareholder who suffered a loss, please submit your contact information and purchase information to participate in the putative class action.
We also encourage you to contact Lesley F. Portnoy of The Portnoy Law Firm, at 310.692.8883, to discuss your rights free of charge. You can also reach us through the firm’s website at www.portnoylaw.com, or by email at info@portnoylaw.com.
If you choose to take no action, you can remain an absent class member.
Joining the case through the Portnoy Law website enables investors to learn about their legal claims and take an active role in recovering their losses.
The Portnoy Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
CONTACT:
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
www.portnoylaw.com
Office: 310.692.8883
1800 Century Park East, Suite 600
Los Angeles, CA 90067
info@portnoylaw.com
According to the complaint, Bakkt made false and misleading statements to the market. Bakkt failed to maintain appropriate controls on its financials. The company committed errors in how it classified certain shares issued before Bakkt went public through a merger with VPC Impact Acquisition Holdings. The complaint further alleges that these errors would require the restatement of certain financial statements, and that Bakkt downplayed the true severity of its financial misstatements. The company then overplayed its efforts to remediate its financial controls. Based on these facts, investors allege that Bakkt’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Bakkt, investors suffered damages.
