Cardlytics settles ex-Bridg CEO Amit Jain indemnification lawsuit for $6.4 million
CDLX•Total payout and accounting impact
The total payout is 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.
Settlement resolves indemnification claims tied to California case
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.
