David Beckham’s lawsuit against Mark Wahlberg’s F45 Training has officially been dismissed
“We are pleased to have settled this issue and to retain our investment in F45, and wish the team all the best for the future,” Dan Dienst, Executive Vice Chairman of Authentic Brands Group, shared in a Thursday, June 6 statement on behalf of DB Ventures Limited.
In May 2023, Beckham’s DB Ventures filed a lawsuit against F45 Training, claiming that he had been “duped” into signing a deal with the fitness company. The soccer star alleged that he never received $10 million that he had been offered in contract negotiations. The suit claimed that Beckham was promised “nearly 1 million shares of stock” six months after F45 went public, claiming the shares were delivered eight months later after losing value. It was also alleged that Beckham lost an additional $5 million in shares. He was seeking $14.3 million in damages.
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