RKA Film Financing Lawsuit Against Relativity Media Founder Ryan Kavanaugh Dismissed With Prejudice

Relativity Media, LLC announced today that in the widely publicized case of RKA Film Financing v. Colbeck Capital Management, LLC, et al, one of the named defendants in the suit, Ryan Kavanaugh, has been dismissed with prejudice. The Honorable Judge Charles Ramos found lack of evidence to proceed with the case against Kavanaugh. Last June, former Relativity co-chair and current US Treasury Secretary Steven Mnuchin also had his naming in case dismissed with prejudice.

New York State Supreme Court Judge Charles Ramos found that RKA did not have sufficient grounds to proceed with a case against Kavanaugh and dismissed the case in a motion to dismiss action.

A Relativity spokesperson said, “It is very comforting to see the legal system work in a fair and equitable manner; less than two percent of motions to dismiss are granted, showing that not only was the case wrongful, but that it also had absolutely no merit whatsoever.” The film executive has been completely and fully exonerated from all claims by RKA.

“This is a perfect example of how media hype can spin molehills into mountains,” they continue. “The press has had a field day with this lawsuit, and wrote lengthy and harsh articles which implied that Ryan Kavanaugh was somehow involved in the various nasty and vicious claims asserted by RKA. The press spun what amounted to nothing more than false words filed in the form of a complaint--something any person can do for a small court fee—into false claims that have no merit.”

They concluded, “Hopefully this outcome provides a cautionary lesson that anyone can file a complaint against anyone else for virtually anything, without any real repercussions, as there exists no penalty for writing even the most damming accusations, even if they have zero merit. This means anyone can be accused of anything, whether there is an ounce of truth to the accusation or not. We can only hope the media will use this as a lesson and stop the practice of trial by press: attack first and ask questions later. The fact that the case was dismissed with prejudice in a motion to dismiss action shows the Plaintiff’s claims were so preposterous that they didn’t even merit a trial.”