- 1Big Think Capital dismissed its California federal lawsuit against Centrex and Forth.
- 2It accepts the data incident was caused solely by malicious third parties unconnected to either company.
- 3Prior contrary statements were retracted; the settlement resolves the matter fully.
Big Think Capital has resolved its litigation with Centrex and Forth, the company announced on July 8, 2025. The case had been filed in California federal court.
The settlement
Under the settlement, Big Think Capital agreed to issue a public statement. In it, the New York funder said it has dismissed the lawsuit it brought against Centrex and Forth.
The statement also addresses the underlying data incident that compromised the Forth and/or Centrex platforms. Big Think Capital said it does not contest that the incident was solely the work of malicious third parties with no connection to Centrex or Forth. It accepts as true that neither company "had any involvement" in the incident.
Any earlier statements by Big Think Capital to the contrary, the company said, are retracted and withdrawn.
Outcome
Big Think Capital said the statement resolves the matter fully and finally between the parties. No financial terms were disclosed in the announcement.
Source reporting: deBanked.
