Pomerantz Appointed Co-Lead Counsel in Bakkt Holdings Securities Litigation
On August 3, 2022, U.S. Magistrate Judge Peggy Kuo of the Eastern District of New York appointed Pomerantz LLP as Co-Lead Counsel on behalf of Tse Winston Wing Kuen and James Liner – the Co-Lead Plaintiffs – with others, and the class, in Poirier v. Bakkt Holdings, Inc., 22-cv-2283 (E.D.N.Y.). This securities action alleges that Bakkt Holdings, Inc. misled the market through faulty financial controls and reporting. Bakkt is a digital asset platform that enables business and retail customers to manage payments and buy, sell, spend and redeem digital financial assets, including cryptocurrencies and loyalty rewards. The Company was formed…
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