Overview
- U.S. District Judge Roy K. Altman ruled the plaintiffs failed to establish personal jurisdiction over Cuban and the Dallas Mavericks in Florida.
- The court held that a Mavericks news conference, online marketing, and a $100 Bitcoin app offer did not show purposeful targeting of Florida residents.
- The case was dismissed without prejudice, preserving the plaintiffs’ ability to refile in a different jurisdiction.
- Defense lawyer Steve Best said the ruling was the correct outcome and indicated the defense is ready to contest the claims wherever they are brought.
- The lawsuit grew out of Voyager’s 2022 bankruptcy and related promotion claims, with some other defendants settling and Cuban having sold his majority Mavericks stake in 2023.