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Johnny Depp settled one of the many high level trials in which he got entangled that were detailed in a recent history Rolling Stone . The actor sued the management company – where his former business leaders are working – for $ 25 million last year for fraud. They decided to settle on Saturday during a mediation session, Deadline reports. The case was to be brought to court on August 15th. Johnny Depp is pleased to have reached a settlement agreement with The Management Group following the lawsuit he filed against the company in January 2017, a Depp spokesman told [] Rolling Stone . "The lawsuit against The Management Group – and the subsequent settlement – is further evidence that Johnny is determined to take firm action to protect his personal and artistic reputation for the benefit of his family and career."
Johnny is thrilled to be able to devote his full attention to his ongoing artistic activities, including the second part of the sold-out Hollywood Vampires' worldwide tour and the thrilling launch of JK Rowling's Fantastic Beasts : The Crimes of Grindelwald to be published in cinemas in November of this year. "
In the lawsuit, Depp alleged that the company improperly managed his money for nearly two decades, claiming that he had not kept the proper books or paying his taxes in a timely manner, having lent his money without his permission and pursuing his conflicts of interest by investing his money in their own companies.
Joel and Robert Mandell, then thwarted the actor.They claimed that they had reprimanded Depp to live on beyond his means, saying that he had an "ultra-extravagant lifestyle that was knowingly costing more than $ 2 million a month." Among his expenses, $ 30,000 per month for wine, $ 50,000 for storage warehouses and $ 200,000 for a private jet. Deadline claims that Depp is also on trial with his former transactional attorney
The case judge would not delay the lawsuit further on the calendar, leading to mediation.
About the legal battles of Depp, the actor was recently the target of a lawsuit brought by a site manager on the film City of Lies who claimed that Depp had hit him on the set. He was also sued by two former bodyguards, who claimed to have put them in "toxic" situations and that he did not pay them properly.
