Ari Greenberg
Endeavor Sued For Allegedly Stealing Marketing Ideas for IPO Effort
A consultant is suing Endeavor claiming he gave the company the blueprint to salvage its debut on the public market, which led to a successful $10.3 billion IPO, but he wasn’t compensated or given credit. David Carde began his complaint, which was filed Thursday in L.A. County Superior Court, by comparing this alleged theft to when the founders of Endeavor left ICM in 1995 and in the middle of the night “stole a bunch of client files and stuffed them into a SUV parked by a freight elevator.” “Following the embarrassment of the failed first IPO, Endeavor’s crushing debt became an existential threat after the COVID pandemic ground the Company’s business to a halt,” reads the complaint, which is embedded below. “However, once Endeavor stole and then embraced Mr. Carde’s approach of communicat...
