Judge okays early approval of $2.4M deal with sports stars over Voyager

Spread the love

After months of proceedings, Robert Gronkowski, Victor Oladipo and Landon Cassill may see the light at the end of the tunnel for a lawsuit involving promoting Voyager Digital.

A legal settlement involving three sports stars has received preliminary approval from a Florida judge. The settlement allows them to pay more than $2.4 million in monetary relief over claims they promoted crypto firm Voyager Digital.

In a June 10 filing in the United States District Court for the Southern District of Florida, Judge Roy Altman granted preliminary approval of a class action settlement involving NFL star Robert Gronkowski, NBA player Victor Oladipo and Nascar driver Landon Cassill. Lawyers for the three sports personalities announced in May that they had agreed to collectively pay roughly $2.4 million to settle the case, with Gronkowski alone paying $1.9 million.

The class-action lawsuit, initially filed against former Dallas Mavericks owner Mark Cuban in 2022, alleged the billionaire misrepresented Voyager’s services, causing inexperienced investors to lose their money when the firm filed for bankruptcy. If given final approval by the court, the proposed settlement would resolve matters for Gronkowski, Oladipo and Cassill but not for Cuban or the Mavericks. 

Read more

Powered by WPeMatico