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Mayweather dismissed his $175 million fraud suit without prejudice. A voluntary dismissal is not a verdict for either side.
Court filings obtained by TMZ show Floyd Mayweather notified the New York Supreme Court he is dropping his fraud lawsuit against Jona Rechnitz, Ayal Frist, Alexander Seligson, and Frist Apex Ventures, without prejudice.
By Crime Talk Network Staff Writer ·
A voluntary dismissal without prejudice ends this filing for now. It is not a jury verdict, and it is not a finding that the claims were true or false. Reporting dated Sept. 24–25, 2026, says Floyd Mayweather notified the New York Supreme Court he is dropping his fraud suit against Jona Rechnitz, Ayal Frist, Alexander Seligson, and Frist Apex Ventures without prejudice, which means he can refile later. A dropped complaint is not a judgment on the merits.
Mayweather sued in May claiming the defendants drained proceeds from real estate deals, about $100 million in jewelry, and a private-jet sale, seeking damages of not less than $175 million, according to court filings described by TMZ. Those are the plaintiff's allegations in the complaint that is now dismissed. Allegations in a civil complaint are not findings.
The dismissal is without prejudice. Without prejudice means the court has not barred a later refiling of the same claims. It is not a settlement announcement, and TMZ reported it is unclear why the case was dropped. A defense camp source told TMZ the defendants were preparing a response they said would show the claims were baseless. That is advocacy, not a court ruling.
An attorney for the defendants had called the suit utterly baseless after it was filed. That is a defense position. It is not a judgment. Until a court enters findings or a final judgment on the merits, neither side has a verdict in this New York filing.
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