Severance
New York, NY — $1,105,269
A federal jury found The Arena Group Holdings liable for breach of an executive's employment agreement following his termination. The award included $500,000 in salary severance, $500,000 in annual bonus severance, $50,269 in COBRA reimbursement, and $55,000 in unpaid quarterly bonuses (Kraft v. The Arena Group Holdings Inc., Apr. 2026).