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Stock impact report

David Beckham's $10M lawsuit against Mark Wahlberg's fitness company will go to trial [FOX Business Network]

Manchester United Ltd. Class A Ordinary Shares (MANU) 
Last manchester united ltd. class a ordinary shares earnings: 2/25 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.manutd.com
David Beckham and Mark Wahlberg's companies will battle it out in court over money the English soccer star claims F45 owes him. A judge ordered a jury trial , scheduled for January 2025, to settle the breach of contract matter, according to court documents obtained by Fox News Digital. DB Ventures initially sued F45, a company Wahlberg partially owns, in 2022. However, the lawsuit was moved into federal court in May 2023. Beckham claimed he entered into a five-year contract with F45 as a brand ambassador and would be compensated with $1.5 million a year along with shares of the fitness company to be given six months and 12 months after the company went public in 2021. "Despite DBVL upholding its end of the bargain, however, F45 failed to issue substantial cash and equity compensation to DBVL as required by the parties' agreement," the complaint filed by DB Ventures Limited read. DB Ventures Limited claimed F45 failed to hand over the shares for eight months past the original Show less Read more
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