litigation
confidence high
sentiment negative
materiality 0.85
M2i Global hit with $18M default judgment over consulting deal and share cancellation
M2i Global, Inc.
- Default judgment of $18M in damages entered December 2025; plaintiffs also awarded 100M shares.
- Lawsuit filed June 2025 by James Bernet, Kelsey James LLC and BCA Cares LLC alleging breach of contract, securities fraud.
- Dispute stems from termination of a 2022 consulting agreement and cancellation of shares from 2023 subscription agreements.
- Company intends to file motion to vacate and pursue appeal; outcome uncertain.