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Cardlytics settles ex-Bridg CEO Amit Jain indemnification lawsuit for $6.4 million
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Cardlytics settles ex-Bridg CEO Amit Jain indemnification lawsuit for $6.4 million
  • Cardlytics settled an indemnification lawsuit filed by former Bridg CEO Amit Jain in Delaware Chancery Court.
  • The Sept. 4, 2026 agreement resolves claims tied to a California case, including a settlement allocation of about $5.3 million.
  • Total payout set at $6.4 million, including $1.1 million for legal fees related to the California matter.
  • The amount aligns with a $6.5 million accrual recorded as of June 30, 2026.
  • Insurance reimbursement is being pursued to offset part of the cost.


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. Cardlytics 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: 0001628280-26-061459), on September 11, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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