DB Ventures Limited settled the $10 million lawsuit against Mark Wahlberg's fitness company, F45. DB Ventures Limited, owned by soccer star David Beckham, originally sued the company claiming F45 owed money for promotional social media posts. A judge had ordered the lawsuit to trial in 2025, but the two companies have since settled the matter and the lawsuit will be dismissed, Fox News Digital can confirm.
For a long time, F45 has been – and continues to be – a supporter of Beckham, as he has been for our brand, and are pleased to have reached a mutual business decision to resolve the matter," Tom Dowd, CEO of F45 Training, said in a statement. "We remain committed to supporting the growth of our global franchisees as demonstrated by our recent strong year-over-year same store sales growth in April of 9.4 percent , 14.9 percent and 41.7 percent .
Beckham also asked the court to award $5 million, $4.5 million and $1.7 million for the additional claims listed in the lawsuit – all having to do with breach of contract. Beckham entered into the five-year agreement with F45 in 2020 and announced the partnership in 2021. "I’ve been a fan of the F45 franchise and training model since being introduced by my friend, Mark Wahlberg," Beckham said in a statement.
initially sought to have the lawsuit dismissed and claimed DB Ventures Limited had a "skewed reading" of the contract. "This is a breach of contract action that cannot stand because it is based on a skewed reading of the parties’ agreement that is contrary to its plain language and clear intent," the request read. A judge denied F45's motion to dismiss in September 2023, Fox News Digital confirmed.
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Fonte: TODAYshow - 🏆 389. / 55 Consulte Mais informação »