Kartoon Studios secures $28.5M in litigation settlements, three approved by court

Filed June 8, 2026 · Period ending June 2, 2026 · ~1 min read

Key Changes

• high

  Company reached settlements with five parties totaling $28.5 million (minus legal fees) in federal lawsuit Augenbaum v. Anson Investments Master Fund LP, with mutual releases agreed by all parties.

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• medium

  Three settlement agreements received court approval on June 2 and June 4, 2026; two settlements remain pending court approval, meaning full payment is not yet finalized.

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