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Mealeys

MLex

March 05, 2026

Adam Risch et al v. KalshiEX LLC et al

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Case Number:

2:26-cv-02390

Court:

California Central

Nature of Suit:

Contract: Other

Multi Party Litigation:

Class Action

Judge:

Stanley Blumenfeld, Jr

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Companies

Sectors & Industries:

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Reflects complaints, answers, motions, orders and trial notes entered from Jan. 1, 2011.
Additional or older documents may be available in Pacer.

Coverage

  1. March 06, 2026

    Kalshi Is Sued Over 'Death Carveout' For Khamenei Trades

    Prediction market Kalshi defrauded traders who bet that Iran's Supreme Leader Ayatollah Ali Khamenei would leave office before March 1, 2026, by invoking an improperly disclosed "death carveout" and refusing to pay full winnings to traders when Khamenei was killed in recent U.S. and Israeli military strikes, according to a suit in California federal court.

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