litigation
confidence high
sentiment positive
materiality 0.80
M2i Global settles Bernet lawsuit with 12.5M share issuance, resolves $18M default judgment
M2i Global, Inc.
- Default judgment of $18M and 100M shares entered against M2i in lawsuit by Bernet, Kelsey James, BCA Cares.
- M2i filed motion to set aside default judgment on Feb 12, 2026; ruling pending.
- On March 19, 2026, M2i entered settlement: 12.5M shares to Bernet with leak-out provision.
- Mutual releases with no admission of wrongdoing; parties to dismiss after share transfer.
- Settlement avoids potential $18M cash judgment and 100M share claim.