---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-061459"
form_type: "8-K"
ticker: "CDLX"
cik: "0001666071"
company_name: "Cardlytics, Inc."
filed_at: "2026-09-11T13:01:30+00:00"
generated_at: "2026-09-11T13:03:08.088691+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Cardlytics settles Amit Jain indemnification claim for $6.44M; assigns insurance actions to company

## Summary
- Settlement: Cardlytics pays $6,441,649.40 to Amit Jain, matching $6.5M accrual recorded in Q2 2026.
- Payment covers Jain's $5.25M portion of DailyGobble settlement, $51,663.60 borrowing costs, and $1,139,985.80 Michelman legal fees.
- Jain assigns Scottsdale Insurance actions to Cardlytics, retaining only implied covenant claims which he dismisses.
- Delaware Chancery action dismissed with prejudice; Cardlytics pursues insurance reimbursement.

## SEC filing metadata
- accession: 0001628280-26-061459
- form_type: 8-K
- ticker: CDLX
- cik: 0001666071
- company_name: Cardlytics, Inc.
- filed_at: 2026-09-11T13:01:30+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1666071/000162828026061459/0001628280-26-061459-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1666071/000162828026061459/cdlx-20260904.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-061459
- JSON: https://secwatch.observer/filing/0001628280-26-061459.json
- Plain text: https://secwatch.observer/filing/0001628280-26-061459.txt

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