Actually the Judge dfismissed the case as the plaintifs did not plead their claims.
Experts familiar with such cases believe the case was dropped by the plaintifs as HMBL has no assets to go after so any settlement amounts would never be seen by said plaintifs. Planitifs and attorneys would get nothing.
In a detailed Memorandum Order issued on December 19, 2025, the Honorable Jennifer L. Hall, United States District Judge, granted motions to dismiss filed by HUMBL and the other moving defendants, concluding that the plaintiffs failed, after three attempts, to plead viable claims against the company under the federal securities laws.