Mark Cuban, billionaire entrepreneur and owner of Dallas Mavericks, is the latest in line to face a lawsuit. The class action complaint against the billionaire connects to his promotion of crypto broker Voyager Digital.
Mark Cuban promoted Voyager Digital
Moskowitz Law Firm filed the lawsuit on behalf of fans of Cuban’s basketball team Dallas Mavericks, and other aggrieved Voyager Digital investors at a US District Court in the Southern District of Florida.
The suit alleges that Mark Cuban relentlessly promoted now bankrupt Voyager Digital to fans of Dallas Mavericks. This prompted unsuspecting individuals to invest in the entity, leading to a loss of funds. The action did not spare Stephen Ehrlich, CEO and founder of Voyager; and Cuban’s Dallas Mavericks team.
“Cuban and Ehrlich, as will be explained, went to great lengths to use their experience as investors to dupe millions of Americans into investing—in many cases, their life savings—into the Deceptive Voyager Platform,”
the suit alleges.
