The proposed class filed a notice of voluntary dismissal Friday, saying Ehrlich was being removed from the suit with prejudice.Īn attorney representing the proposed class, Adam Moskowitz of The Moskowitz Law Firm PLLC, told Law360 in an email Monday that, after being provided with information about Ehrlich's finances, the proposed class "decided that it was best for all of the Voyager investors to reach an agreement with Voyager's counsel, whereby they would no longer seek to stay our Miami federal litigation against Cuban and his Mavericks, and in exchange, we would voluntarily dismiss Mr. Voyager Digital Holdings CEO Stephen Ehrlich has been cut from a proposed securities class action accusing him, along with the now-bankrupt crypto trading platform and the "Shark Tank" personality and entrepreneur Mark Cuban, of running a Ponzi scheme that conned consumers out of billions of dollars' worth of crypto.
Law360 Voyager CEO Dropped From Crypto 'Ponzi Scheme' Suit
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