---
schema_version: "secwatch.filing_event.v1"
accession: "0001102238-24-000023"
form_type: "8-K"
ticker: "ARL"
cik: "0001102238"
company_name: "AMERICAN REALTY INVESTORS INC"
filed_at: "2024-11-01T23:59:59+00:00"
generated_at: "2026-05-30T06:48:55.916912+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# ARL settles litigation with $23.4M payment; resolves $148M judgment claims

## Summary
- Paid $23.4 million to Clapper on Oct 31, 2024 to settle litigation over a 1998 multifamily property transaction.
- Original $148M judgment against ARL in 2011 was later reversed; case had been remanded for new trial before settlement.
- All parties will file a motion to dismiss with prejudice in the District Court by Nov 10, 2024.
- Settlement ends a multi-year appeals process; final cash outlay of $23.4M completed as required.

## SEC filing metadata
- accession: 0001102238-24-000023
- form_type: 8-K
- ticker: ARL
- cik: 0001102238
- company_name: AMERICAN REALTY INVESTORS INC
- filed_at: 2024-11-01T23:59:59+00:00
- event_type: litigation
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1102238/000110223824000023/0001102238-24-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1102238/000110223824000023/arl-20241101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001102238-24-000023
- JSON: https://secwatch.observer/filing/0001102238-24-000023.json
- Plain text: https://secwatch.observer/filing/0001102238-24-000023.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.