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PGA Tour, Fortinet Sued Over Sponsorship ‘Introducer’s Fee’ (1)

May 11, 2022, 6:54 PMUpdated: May 11, 2022, 7:54 PM

PGA Tour Inc. and Fortinet Inc. were hit with a lawsuit in the Northern District of California for allegedly stiffing a management company that introduced the cybersecurity company as a potential tour sponsor of what became the annual Fortinet Championship in Napa, Calif.

1440 Sports Management Ltd. is in the business of arranging sports sponsorships, according to the complaint filed Tuesday in the US District Court for the Northern District of California.

In early 2021, the complaint says, PGA Tour entered into an oral contract with 1440 Sports, agreeing to compensate the company if it made an introduction resulting in ...