Tag Archives: securities and exchange

It Pays to Share

Failed business deal

In recent news, a former footballer and an actor go head-to-head in the ultimate legal showdown of a business venture gone awry.  In the U.S. District Court of Central California, David Beckham filed a complaint against the Syndey, Australia-based company F45 Training, which is 36% owned by Mark Wahlberg.  Beckham claims that Wahlberg approached him to serve as a brand ambassador for the company but was later allegedly duped out of millions.  The former athlete alleges breach of contract and fraudulent conduct.  Since the initial filing, Wahlberg has denied the accusations and is seeking a dismissal.

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NFL Star’s New Position

Crypto endorsement

Tom Brady cannot avoid the limelight, as his family troubles and conduct on the field have developed into some of the juiciest topics for the press in recent weeks. While the news of Tom Brady’s divorce may not be a shock to most fans, his involvement in the FTX bankruptcy may prove to be less well known. Due to Tom Brady and Gisele Bundchen’s prior support of FTX, the NFL star’s attachment to his ex-wife now extends beyond the custody arrangement of their two children. An FTX investor has filed a lawsuit against the company founder, naming individual celebrities that have endorsed the cryptocurrency business. Continue reading