Kartoon Studios to receive $78.5M from litigation settlements
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/14/2026
- Wall Street ends lower as Iran tensions dampen risk appetite; chipmakers drop
- SK Hynix’s record plunge drags down global chip stocks
- Oil up 9% to one-month high as US says it will blockade entire Iranian coastline, all vessels
- Ditching streaming could boost Disney stock by 40%, Wells Fargo says
- AstraZeneca stock dips as HSBC downgrades stock on 'tough path ahead'
Kartoon Studios Secures Approximately $78.5 Million in Litigation Settlements, Transforming Its Balance Sheet
June 17, 2026 9:00 AM EDTCourt Enters All Settlements Reached to Date in Short-Swing Profit Recovery Action
Company Well-Capitalized to Execute A.A. Milne and Stan Lee IP-Driven Growth Strategy
BEVERLY HILLS, Calif., June 17, 2026 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE American: TOON) (Kartoon Studios or the Company) today announced that the U.S. District Court for the Southern District of New York has entered all settlement agreements reached to date in the shareholder action Augenbaum v. Anson Investments Master Fund LP et al. (Case No.... More

