Kartoon Studios reaches settlement in Augenbaum lawsuit for $50 million payment

Kartoon Studios, Inc.

Kartoon Studios, Inc.

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  • Kartoon Studios reached a settlement on June 11, 2026 with an additional party in the Augenbaum v. Anson Investments Master Fund LP case.
  • The settling party will pay USD 50 million, less plaintiffs’ counsel fees and expenses, under agreed terms and mutual releases.
  • A federal judge in Manhattan approved the settlement on June 11, 2026.
  • The case continues against two remaining defendants that have not settled.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kartoon Studios, Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001683168-26-004854), on June 16, 2026, and is solely responsible for the information contained therein.

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