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Johnny Depp settles lawsuit with former management company

Johnny Depp has reached a settlement with his former management team, The Management Group (TMG), who he accused of mismanaging his earnings.

Depp took action against the company in 2017 for $25m (£20m) over misconduct and fraudulent activity of his affairs. TMG then counter-sued, asserting that the actor had been responsible for his own money worries due to his $2m-a-month lifestyle.

No details have been given of the settlement, but a spokesman for Depp said the actor was pleased with the outcome.

A statement released on behalf of Deep read: “The lawsuit and settlement is a further demonstration that Johnny is determined to take firm action to protect his personal and artistic reputation in the interests of his family and his career. Johnny extends his most sincere thanks and appreciation to the true supporters that have shown their loyalty to both him and his family over recent years.

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  12. I really don’t know what the lawsuit is about, who started what, yada yada yada, I just love Pirates of The Carribeans!

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