Some employees were owed as much as $50,000 to $500,000 in back pay and commissions.

Rosenberger reportedly told staff that a big acquisition in the audio space was afoot to right the ship.

The odd part: Coming out of the pandemic, Cavalry didnt have offices as staffers were working remotely.

Dana Brunetti

Dana BrunettiPhillip Faraone/Getty Images

At the time of our report, Rosenberger told Deadline.

The company is not in a state of financial distress.

Cavalry Media has not released any TV series or films during its tenure.

Kevin Spacey revives ‘House of Cards’ character

Other series in development includeMotorheadsat Amazon Studios andThe Devil Withinat Epix.

The firm was named due to the fact that Baldwin andRustdirector Joel Souza were clients of the firm.