Kartoon Studios reaches USD 28.48 million settlement in Augenbaum lawsuit
Kartoon Studios, Inc.
Kartoon Studios, Inc. TOON | 0.00 |
- Kartoon Studios reached settlement agreements in the Augenbaum v. Anson Investments Master Fund LP et al. litigation in U.S. federal court in Manhattan.
- Five settling parties agreed to pay aggregate settlement proceeds of $28.48 million, less plaintiff counsel fees and expenses, subject to conditions.
- The court signed off on settlements with three parties on June 2 and June 4, 2026; two agreements still await court approval.
- The deals include mutual releases between the parties.
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: 0001683168-26-004618), on June 08, 2026, and is solely responsible for the information contained therein.
