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Securities

Jul. 3, 2025

Marketer sues Oura Ring over $16M stock option dispute

Gurinder Bal and CTR Capital sue Oura Ring for allegedly reneging on a stock option deal now worth $16M, claiming a pattern of broken equity promises by the sleep-tech firm.

Susman Godfrey LLP, representing marketer and investor Gurinder Bal and CTR Capital Inc., accused the maker of the Oura Ring sleep and activity tracker of breaching an agreement to issue stock options now worth more than $16 million.

The complaint, filed Tuesday in San Francisco federal court, alleges Bal provided deeply discounted marketing services that helped launch Oura Health Ltd., a Finnish company, and its U.S. subsidiary. In exchange, Bal alleges, he was to receive a sto...

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