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Docket Market

Top Portfolio Picks by CaseAI™

8 Positions · 5 Sectors · Balanced Risk

8 Positions5 Sectors4 StagesApr 2026

Portfolio Holdings

#HoldingStageSectorThesis
01AFFF / PFAS ContaminationMSA / SettlementChemical15,250+ cases with steady high-volume intake. Environmental contamination affecting military bases and municipal water systems nationwide. 3M and DuPont face mounting liability.
02Social Media Youth AddictionMSA / SettlementTechPost-bellwether momentum following $6M JCCP verdict. Federal trial June 15 with Zuckerberg testimony. 10,000+ cases. Meta and Alphabet face industry-reshaping liability.
03Video Game AddictionEmergingTechFastest-emerging tech tort. WHO gaming disorder classification + Epic Games $520M FTC precedent. Identical 'defective design' theory to social media. MDL formation expected 2026.
04Depo-ProveraActivePharmaFastest-growing MDL at 3,873% YoY. FDA December 2025 label change adding meningioma warning strengthens plaintiffs. Daubert hearings May 2026.
05Uber Sexual AssaultActiveTech2,075+ cases in MDL 3084. Uber's own safety report disclosed 3,824 sexual assaults. Arbitration clause being struck down in multiple courts. Bellwether discovery underway.
06Bard PowerPortActiveDeviceFirst 2026 bellwether trial April 21. Summary judgment largely denied March 5. 3,044 cases with strong device failure evidence.
07Hair RelaxerFormationConsumer15,100 cases in bellwether selection week. Daubert rulings on general causation will determine portfolio trajectory. L'Oreal and Revlon exposure significant.
08Keytruda Organ FailureEmergingPharmaPre-MDL emerging litigation. Immune-related organ failure from pembrolizumab. Merck faces expanding irAE claims as Keytruda usage grows.
Litigation Stage Tracker
8 Portfolio Holdings

Stage Overview

Emerging< 45
  • Keytruda Organ Failure
  • Video Game Addiction

Early signals. Pre-MDL or newly formed.

Formation45–55
  • Hair Relaxer

Active investigation. Firms building inventory.

Active Litigation55–70
  • Uber Sexual Assault
  • Bard PowerPort
  • Depo-Provera

Meaningful case volume. Bellwethers approaching.

MSA / Settlement70+
  • AFFF / PFAS
  • Social Media

Multi-front mass tort. Settlement pressure mounting.

Investment MemoConfidential

Investment Thesis

“Mass tort litigation represents a structurally mispriced asset class. Defendant liability is well-established, scientifically validated, and accelerating — while case acquisition costs remain anchored to pre-verdict baselines. This portfolio captures that dislocation across 8 positions spanning 5 sectors and 4 lifecycle stages.”

Conviction Drivers

01

Structural Asymmetry

Mass tort portfolios exhibit positive convexity — downside is capped at acquisition cost while upside scales with settlement multiples, verdict precedent, and inventory growth.

02

Regulatory Tailwind

FDA label changes, EPA enforcement actions, and Congressional scrutiny are accelerating across all 5 sectors, creating compounding liability pressure on defendants.

03

Collectability

100% of defendant exposure is against publicly traded or investment-grade entities (Meta, Alphabet, 3M, Pfizer, Merck, BD). No counterparty risk to judgments.

04

Scientific Moat

Every position is underwritten by peer-reviewed causation evidence, FDA adverse event data, or established product defect findings. Zero speculative theories.

Portfolio Construction

Sector Exposure
Pharma37.5%
Device25%
Chemical12.5%
Tech12.5%
Consumer12.5%
Stage Allocation
MSA / Settlement25%
Active Litigation50%
Formation12.5%
Emerging12.5%
Key Metrics
Aggregate cases~135K+
Avg MDL maturity~2.4 yrs
Bellwethers in 20264 trials
Defendant market cap$2.8T+

Key Risks & Mitigants

Daubert exclusionMulti-expert strategy; parallel state court tracks bypass federal Daubert standards
Preemption defenseFDA label changes post-approval weaken preemption; state-law claims preserved in most jurisdictions
Bankruptcy filingTexas Two-Step increasingly disfavored by courts; involuntary reorganization preserves estate value
Legislative tort reformBipartisan opposition to caps in current cycle; state-level protections remain strong

* Not financial advice. Example only.