LegalJul 29, 2026, 04:15 PM
Perpetuals.com Settles Lawsuit for JPY20M (USD122K)
AI Summary
Perpetuals.com Ltd has reached a judicial settlement in a lawsuit filed by certain shareholders in December 2023. The lawsuit, which sought approximately USD 2.9 million in damages and led to provisional attachments on the company's bank accounts, was resolved on July 17, 2026. Under the settlement, Perpetuals.com and its Co-CEO agreed to pay JPY20,000,000 (approximately USD122,000), which was completed on July 27, 2026. This resolution includes the waiver of all remaining claims by the plaintiffs and the withdrawal of all outstanding provisional attachment orders.
Key Highlights
- Lawsuit filed in December 2023 by shareholders against Perpetuals.com and Co-CEO Satoshi Kobayashi.
- Plaintiffs sought monetary damages totaling USD 2,925,747 (approximately JPY480 million).
- Provisional attachments were placed on the Company's bank accounts due to the lawsuit.
- Judicial settlement reached on July 17, 2026, resolving all claims.
- Defendants agreed to pay JPY20,000,000 (approximately USD122,000) to Plaintiffs.
- Settlement payment was completed on July 27, 2026.
- Plaintiffs agreed to waive all remaining claims and withdraw provisional attachment orders.
Price Impact
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