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Moustacakis v. iTonic Holdings Ltd (f/k/a Pheton Holdings Ltd)

S.D.N.Y. · No. 1:26-cv-06484

Full docket on CourtListener ↗

No federal docket timeline hydrated for this case yet (state-court settlements have no RECAP docket).

Our records for this case (1)

MatterTypePractice areaCourtDateValue
iTonic Holdings Ltd (f/k/a Pheton Holdings Ltd)source ↗
filed by Morris Kandinov LLP · No. 1:26-cv-06484 · 15:77 Securities Fraud · view case timeline →
Comparable settlements $30M–$68M ▾
Comparable rulings split: Clements v. Gunnar Optiks shows BIPA-type privacy claims survive dismissal when HIPAA/health exclusions are fact-bound, while Bayhealth found a duty of confidentiality plausible; but Integris shows core third-party sharing claims can remain 'unclear' at pleading stage. No case here was cleanly dismissed on the merits.
Comparable settlements $30M–$68M median $59.50M · n=10
Google LLC and Alp $68M · Google Assistant $68M · Flo, Google, Flurr $59.50M
Per member (realized): ~$29 median · $25–$30 (n=3)
Comparable verdict: Google LLC $425.70M · Google LLC $425M
Key precedent: William Clements v. Gunnar Optiks - shows privacy/data-collection claims survive 12(b)(6) when statutory exclusions are fact-dependent, likely persuasive if iTonic raises similar defenses.
Main risk: Web signals show no clear consumer-facing product or user base tied to iTonic Holdings, raising doubt about actual class size and viability of the claim.
Rough EV model (wide — class size is the big unknown, not a prediction): $62K–$1.50M
Extremely limited defendant-specific data; web signals are largely irrelevant/noisy, making class size and settlement estimates highly speculative. · grounded in 6 rulings, 10 settlements, 2 verdicts
FilingPrivacy & WiretapS.D.N.Y.2026-07-29$30M–$68M
comparable settlements