On December 19, 2025, the United States District Court for the District of Delaware issued a Memorandum Order dismissing the Second Amended Class Action Complaint against HUMBL, Inc. and certain current and former officers and directors with prejudice, preventing the plaintiffs from refiling the claims. The dismissal was announced by the company on December 22, 2025, confirming that the lawsuit has been fully resolved.
The ruling eliminates a major legal overhang that had cost the company significant legal fees, diverted executive attention, and threatened shareholder value. With the litigation threat removed, HUMBL can reallocate resources toward its strategic pivot into mining, artificial intelligence, and Latin American ventures, where the company has already begun to build new revenue streams.
HUMBL’s pivot is anchored by a joint venture with MultiCortex to develop high‑performance AI platforms, the sale of its HUMBL.com assets to WSCG, Inc. in late 2024 (effective January 2025), and a renewed focus on the magnesium silicate market and mining opportunities in Latin America. These moves are designed to shift the company from legacy digital services to high‑growth, high‑margin sectors that align with its long‑term value creation strategy.
CEO Greg Hopkins said the dismissal “brings final resolution to claims that the Court has now determined, after extensive review, fail as a matter of law.” He added that “class action litigation can create great difficulty for companies in terms of brand damage, time, money, focus and partnerships,” and that the outcome now allows the company to drive ahead, fully focused, on growing long‑term value for shareholders.
While specific market reaction data is not available, the dismissal is expected to improve investor confidence by removing a costly and distracting legal risk and by signaling that HUMBL’s management is successfully steering the company toward more profitable and strategically aligned businesses.
The company will continue to monitor its progress in the mining and AI sectors, and it remains committed to delivering sustainable growth and shareholder value as it moves beyond the legacy business model.
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