An investigation on behalf of current long term investors in Bakkt Holdings, Inc. (NYSE:BKKT) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 08/23/2022 -- An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Bakkt Holdings, Inc.
Investors who are current long term investors in Bakkt Holdings, Inc. (NYSE: BKKT) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for investors in NYSE: BKKT stocks follows a lawsuit filed against Bakkt Holdings, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: BKKT stocks, concerns whether certain Bakkt Holdings directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that the Offering Documents and Defendants made false and/or misleading statements and/or failed to disclose that the Company had defective financial controls, that as a result, there were errors in the Company's financial statements related to the misclassification of certain shares issued prior to the Business Combination, that accordingly, the Company would need to restate certain of its financial statements, that the Company downplayed the true scope and severity of these issues, that the Company overstated its remediation of its defective financial controls, and that as a result, the Offering Documents and Defendants' public statements between March 31, 2021 and November 19, 2021Period were materially false and/or misleading and failed to state information required to be stated therein.
Those who purchased shares of Bakkt Holdings, Inc. (NYSE: BKKT) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Christopher Clausen
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.