1 month ago
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Key Takeaways
- A lawsuit over Mark Cuban’s Voyager promotion is heading to a federal appeals court.
- It was dismissed in December 2025 on jurisdiction, not on the merits.
- The allegations against Cuban have never been ruled on either way.
- Other celebrity defendants settled for $2.4 million in 2024.
- Prominent litigator David Boies is on the plaintiffs’ team.
The crucial thing to understand is that no court has ruled on whether Cuban did anything wrong. In December 2025, Judge Roy K. Altman dismissed the case, but not on its substance. He dismissed it because the plaintiffs failed to establish that a Florida court had jurisdiction over a Texas-based billionaire and a Texas-based NBA franchise. That is a procedural outcome, not a verdict. The court never decided whether the Voyager promotion was misleading, whether Cuban knew the platform was risky, or whether investors were h...
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