A New York law firm has launched an inquiry into Bakkt’s merger with Distributed Technologies Research Ltd., highlighting provisions that may award disproportionate payouts to insiders. The investigation focuses on clauses that could deter rival bids and skew negotiations away from ordinary shareholders’ interests.

Shareholders are urged to review their rights and consider legal representation without upfront costs, as the firm operates on a contingent fee basis. This approach allows investors to pursue claims for enhanced merger terms or additional disclosures with minimal financial risk.

The law firm may seek to secure increased merger consideration, mandate fuller transaction disclosures, or obtain other relief on behalf of shareholders. Successful challenges could produce revised deal terms or financial compensation for ordinary investors.