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David Beckham and Mark Wahlberg's F45 Training Company Resolve Business Dispute and Dismiss Lawsuit

David Beckham filed a lawsuit against Mark Wahlberg's F45 Training fitness company in 2022 over a breach of contract.

"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," said Dan Dienst, Executive Vice Chairman of Authentic Brands Group, which has a controlling stake in Beckham's management business that handles his endorsements. It was back in October 2022 when Beckham's business management company sued Wahlberg's F45 Training for breach of contract and sought more than $10 million in damages after claiming "fraudulent inducement, according to court documents obtained by ET. In short, Beckham's company claims it got duped by F45 "to remain invested in a rapidly declining asset with no recourse, and by the time F45 belatedly registered those shares and rendered them capable of liquidation in September 2022, they were worth over $9.3 million less than the date on which they were contractually required to have been properly conveyed to DBVL."

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