A US federal judge has tossed a class-action lawsuit brought by former Voyager Digital customers against billionaire Mark Cuban and the Dallas Mavericks, ruling the court did not have the power to hear the case.
Mark Cuban Vs. Voyager: Judge Cites Lack Of Personal JurisdictionAccording to the court filing, Judge Roy K. Altman concluded that Mark Cuban and the Mavericks did not “carry on a business or business venture in Florida” in a way that would let the Miami-area court preside over the matter.
Based on reports from earlier coverage, the dispute focused on a 2021 promotion in which Cuban and the Mavericks partnered with Voyager and offered fans incentives tied to deposits and trading.
Plaintiffs argued the partnership and public backing helped convince customers to use the platform. Other defendants in related Voyager litigation have settled; Cuban and the Mavericks maintained they would fight the claims.
Legal experts say the outcome highlights the limits of suing public figures in forums far from where those figures are based. Courts increasingly demand concrete evidence that a defendant targeted a state before allowing local lawsuits to proceed. This dismissal does not decide whether the promotional statements were true or false; it addresses only where the case could be heard.
Plaintiffs’ Options And Wider LitigationReports have not shown an immediate refiling in another court by the named plaintiffs. Because the judge dismissed the complaint for lack of jurisdiction, the plaintiffs were denied the chance to proceed in that Florida court but may pursue claims elsewhere if they choose.
Featured image from MediaNews Group via Getty Images, chart from TradingView
