W.D. Tex. · No. 1:26-cv-02078
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| Matter | Type | Practice area | Court | Date | Value |
|---|---|---|---|---|---|
| Apex Trader Funding Inc.source ↗ filed by Rain Minns Law Firm · No. 1:26-cv-02078 · 07:6(b) Federal Commodity Exchange Regulation · view case timeline → Comparable settlements $87.50M–$436M ▾No comparable ruling directly addresses false advertising by a prop-trading funding firm; cited cases (Guthrie, Citizens of Humanity) show courts often reject 'Made in USA'/marketing claims absent individualized proof, suggesting dismissal risk. Cetorelli shows deceptive-practice claims can survive when specific misrepresentations are pled. Comparable settlements $87.50M–$436M median $90M · n=10 Toyota Industries $436M · IM Mastery Academy $90M · Premier Nutrition $90M Per member (realized): ~$20 median · $20–$20 (n=1) Comparable verdict: Papaya $420M · Vital Pharmaceutical $293M Key precedent: Guthrie v. Transamerica Life Ins. Co. — affirmed denial of class cert for UCL claims needing individualized proof of reliance, a common hurdle for false-advertising classes. Main risk: Class certification denial due to individualized reliance/damages issues, as in Guthrie and Citizens of Humanity. Rough EV model (wide — class size is the big unknown, not a prediction): $100K–$5M No defendant-specific or directly on-point precedent; estimate relies on generic consumer false-advertising analogs and rough class-size inference from web mentions. · grounded in 10 rulings, 10 settlements, 7 verdicts | Filing | False Advertising | W.D. Tex. | 2026-07-24 | $87.50M–$436M comparable settlements |