---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-003171"
form_type: "8-K"
ticker: "TLRY"
cik: "0001731348"
company_name: "Tilray Brands, Inc."
filed_at: "2025-02-07T23:59:59+00:00"
generated_at: "2026-05-27T00:57:59.105635+00:00"
event_type: "litigation"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Tilray subsidiary Aphria settles Canadian class action for CAD 30M; no admission of liability

## Summary
- Settled for CAD 30M (US 21M), far below original CAD 875M claim; dismissal with prejudice.
- Includes dismissal of four related individual lawsuits on same allegations.
- Aphria's portion CAD 8.5M already accrued; no negative earnings impact; D&O insurance covers most.
- Court approval hearing scheduled for March 2025.
- Settlement does not constitute admission of liability or wrongdoing.

## SEC filing metadata
- accession: 0001437749-25-003171
- form_type: 8-K
- ticker: TLRY
- cik: 0001731348
- company_name: Tilray Brands, Inc.
- filed_at: 2025-02-07T23:59:59+00:00
- event_type: litigation
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1731348/000143774925003171/0001437749-25-003171-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1731348/000143774925003171/tlry20250129_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-003171
- JSON: https://secwatch.observer/filing/0001437749-25-003171.json
- Plain text: https://secwatch.observer/filing/0001437749-25-003171.txt

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