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Josephson v. Kalshi Data Breach 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, S.D. New York (No. 1:26-cv-04126).

  1. May 18, 2026
    Case filed

What happened

A proposed class action against Kalshi, Inc. and related entities, apparently concerning fraud. The case was voluntarily dismissed without prejudice shortly after filing, suggesting either procedural issues or potential settlement discussions early in litigation.

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 Data Breach Class Action case?
No. The case is still being litigated — there is no settlement, no claim form, and no payout. It was filed May 18, 2026 in the District Court, S.D. New York (No. 1:26-cv-04126).What a class action lawsuit is →
Who are the attorneys in the Josephson v. Kalshi Data Breach 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

Counsel for defendants

  • Sean M. MurphyMilbank Tweed Hadley and McCloy LLP
    Represents Kalshi Inc., KalshiEX LLC, Kalshi Klear LLC, Kalshi Klear Inc., Kalshi Trading LLC
    2 tracked cases
    (212) 530-5688
  • Matthew Charles WassermanDinsmore
    Represents Kalshi Inc., KalshiEX LLC, Kalshi Klear LLC, Kalshi Klear Inc., Kalshi Trading LLC
    2 tracked cases
    (312) 837-4316
  • Matthew LarocheMilbank LLP
    Represents Kalshi Inc., KalshiEX LLC, Kalshi Klear LLC, Kalshi Klear Inc., Kalshi Trading LLC
    4 tracked cases
    (212) 530-5514
  • Katherine FellMilbank LLP
    Represents Kalshi Inc., KalshiEX LLC, Kalshi Klear LLC, Kalshi Klear Inc., Kalshi Trading LLC
    5 tracked cases
  • Joshua SterlingMilbank LLP
    Represents Kalshi Inc., KalshiEX LLC, Kalshi Klear LLC, Kalshi Klear Inc., Kalshi Trading LLC
    3 tracked cases
    (202) 835-7535
  • Ashley SatterleeMilbank LLP
    Represents Kalshi Inc., KalshiEX LLC, Kalshi Klear LLC, Kalshi Klear Inc., Kalshi Trading LLC
    4 tracked cases
  • Andrew PorterMilbank LLP
    Represents Kalshi Inc., KalshiEX LLC, Kalshi Klear LLC, Kalshi Klear Inc., Kalshi Trading LLC
    5 tracked cases · $117.8M in disclosed settlements defended

Other cases these firms appear in

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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