Josephson v. Kalshi Class Action
Verified September 19, 2026Found via the federal court docketHow ClaimWatch verifies cases
Still being litigated: the claims below are allegations, not findings, and there is no settlement, claim form or payout yet.
Where this case stands
In litigation
The case has been filed and is being fought in court. There is no settlement, no claim form and no payout yet; many class actions are dismissed or never certified.
Pending in the District Court, N.D. Illinois (No. 1:26-cv-00220).
- January 8, 2026Case filed
What happened
This proposed class action alleges fraud by Kalshi, Inc., apparently a financial or trading platform. Based solely on the caption and nature of suit designation (fraud), the complaint appears to involve allegations of deceptive practices, though specific details are not available from the docket metadata provided.
Do you qualify?
No settlement exists yet, so there is nothing to file and no class definition to check. If the case settles, the settlement will define exactly who qualifies — watch this case and we'll let you know.
How to file
There is no claim to file yet. If this case reaches a settlement, a claim process will open — usually with an official settlement website and a filing deadline.
Common questions
- Can I file a claim in the Josephson v. Kalshi Class Action case?
- No. The case is still being litigated — there is no settlement, no claim form, and no payout. It was filed January 8, 2026 in the District Court, N.D. Illinois (No. 1:26-cv-00220).What a class action lawsuit is →
- Who are the attorneys in the Josephson v. Kalshi Class Action?
- For the plaintiffs: Russell Busch (Bryson Harris Suciu & DeMay PLLC). For Kalshi, Inc.: Sean M. Murphy (Milbank Tweed Hadley and McCloy LLP); Matthew Charles Wasserman (Dinsmore); Matthew Laroche (Milbank LLP); Katherine Fell (Milbank LLP). From the public court docket.
Who's involved
Plaintiffs
- Temuujin Shaariibuu
- Tyrone Stuckey
- Luis Cuevas
- Brett Josephson
Defendants
- Kalshi Trading, LLC
- Kalshi Klear, Inc.
- Kalshi Klear, LLC
- Kalshiex, LLC
- Kalshi, Inc.
Counsel for plaintiffs
- Russell BuschBryson Harris Suciu & DeMay PLLCRepresents Brett Josephson, Luis Cuevas, Tyrone Stuckey, Temuujin Shaariibuu12 tracked casesrbusch@brysonpllc.com · (919) 926-7948
Counsel for defendants
- Sean M. MurphyMilbank Tweed Hadley and McCloy LLPRepresents Kalshi, Inc., Kalshiex, LLC, Kalshi Klear, LLC, Kalshi Klear, Inc., Kalshi Trading, LLC2 tracked casessmurphy@milbank.com · (212) 530-5688
- Matthew Charles WassermanDinsmoreRepresents Kalshi, Inc., Kalshiex, LLC, Kalshi Klear, LLC, Kalshi Klear, Inc., Kalshi Trading, LLC2 tracked casesmatthew.wasserman@dinsmore.com · (312) 837-4316
- Matthew LarocheMilbank LLPRepresents Kalshi, Inc., Kalshiex, LLC, Kalshi Klear, LLC, Kalshi Klear, Inc., Kalshi Trading, LLC4 tracked casesmlaroche@milbank.com · (212) 530-5514
- Katherine FellMilbank LLPRepresents Kalshi, Inc., Kalshiex, LLC, Kalshi Klear, LLC, Kalshi Klear, Inc., Kalshi Trading, LLC5 tracked cases
- Joshua SterlingMilbank LLPRepresents Kalshi, Inc., Kalshiex, LLC, Kalshi Klear, LLC, Kalshi Klear, Inc., Kalshi Trading, LLC3 tracked casesjsterling@milbank.com · (202) 835-7535
- Ashley SatterleeMilbank LLPRepresents Kalshi, Inc., Kalshiex, LLC, Kalshi Klear, LLC, Kalshi Klear, Inc., Kalshi Trading, LLC4 tracked cases
- Andrew PorterMilbank LLPRepresents Kalshi, Inc., Kalshiex, LLC, Kalshi Klear, LLC, Kalshi Klear, Inc., Kalshi Trading, LLC5 tracked cases · $117.8M in disclosed settlements defended
Other cases these firms appear in
- Unison Home Equity Agreement Class Action · Bryson Harris Suciu & DeMay PLLC
- IDscan.net Class Action · Bryson Harris Suciu & DeMay PLLC
- Rioux v. IDscan.net Data Breach Class Action · Bryson Harris Suciu & DeMay PLLC
- Sharecare Contract Class Action · Bryson Harris Suciu & DeMay PLLC
- Josephson v. Kalshi Data Breach Class Action · Milbank Tweed Hadley and McCloy LLP
From the public court docket, contact details as filed; not an endorsement.
Guides:What is a class action lawsuit?How class membership worksYour options as a class member
Summarised from public settlement documents; confirm terms on the official settlement website. ClaimWatch is not a law firm, and filing a claim is free.
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