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Camwood Capital

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sports1 year ago

Baker Mayfield Sues Father's Company for $12M Settlement Breach

Tampa Bay Buccaneers quarterback Baker Mayfield has filed a $12 million lawsuit against his father and brother's company, Camwood Capital Management Group, for breaching a settlement agreement. The lawsuit claims that the defendants transferred over $12 million from Mayfield and his wife without their knowledge and have failed to meet repayment terms. The settlement required Camwood Capital to make scheduled payments starting in September, which have not been fulfilled, prompting Mayfield to demand full repayment.

sports1 year ago

Baker Mayfield Sues Father for $12M Over Settlement Breach

Tampa Bay Buccaneers quarterback Baker Mayfield has filed a lawsuit against his father's company, Camwood Capital Management Group, alleging breach of contract for failing to repay $12 million. The lawsuit claims that funds were taken from Mayfield and his wife without consent and used for company expenses. Despite a settlement agreement in January 2024, Camwood has not repaid any money or fulfilled other obligations. Mayfield, who joined the Bucs in 2023, is seeking repayment of the funds plus interest.

sports1 year ago

Baker Mayfield Sues Father's Company for Alleged $12M Theft

Tampa Bay Buccaneers quarterback Baker Mayfield has filed a $12 million lawsuit against Camwood Capital Management Group, a financial firm owned by his father, James Mayfield. The lawsuit alleges that the company transferred funds from Mayfield and his wife without authorization between 2018 and 2021, and failed to repay the money as agreed in a previous settlement. The suit claims Camwood breached the settlement by not repaying any amount or providing access to financial records, prompting Mayfield to take legal action.