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The filed complaint alleges that Bakkt Holdings, Inc. made materially false and/or misleading statements and/or failed to disclose that: On March 17, 2025, the company disclosed that Bank of America and Webull will not renew their commercial agreements, which expire in April and June 2025. Additionally, Bakkt Holdings announced it will be delaying the filing of its annual Form 10-K for the fiscal year ending December 31, 2024. Following this news, shares of Bakkt Holdings, Inc. fell over 31% in after-hours trading.
In order to be eligible to join the BKKT class action lawsuit, you must have incurred a loss on shares of Bakkt Holdings purchased during the class period listed above.
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