6th Circ. Won't Revive Bread Financial Investors' Suit

By Emilie Ruscoe · January 23, 2026, 8:47 PM EST

The Sixth Circuit won't resuscitate investor claims against the company now known as Bread Financial Holdings Inc., finding that the suit didn't show how shareholders were misled or defrauded leading up...

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Case Information

Case Title

Newtyn Partners, LP et al v. Alliance Data Systems Corporation N/K/A Bread Financial Holdings, Inc. et al

Case Number

2:23-cv-01451

Court

Ohio Southern

Nature of Suit

Securities/Commodities

Date Filed

April 27, 2023


Case Title

Newtyn Partners, LP, et al v. Alliance Data Systems Corp, et al

Case Number

25-3313

Court

Appellate - 6th Circuit

Nature of Suit

3850 Securities Commodities Exchg.

Date Filed

April 23, 2025