Endeavor Accused in Lawsuit of Stealing Marketing Concepts Used in Agency’s $10 Billion IPO
Media and technology sector consultant David Carde has filed suit against Endeavor for “breach of implied in fact contract” and “unjust enrichment”, alleging that the powerful talent, sports and events company stole his detailed analysis that led to the company’s successful $10.3 billion IPO in the spring of 2021. In the suit, filed Thursday in Los Angeles County Superior Court, Carde said that he was not given credit or payment for an analysis that he sent to Endeavor CEO Ari Emanuel in 2019 after Endeavor’s failed IPO, which the consultant believes was crucial to the success of the company’s successful IPO effort.