Johnny Depp concludes a $ 25 million lawsuit against the management group



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Johnny Depp settled his $ 25 million lawsuit against his former executives, The Management Group (TMG). His representative confirmed to CBS News that the actor and company leaders reached an agreement;

Depp's prosecution has accused TMG of fraud, theft and embezzlement in its mismanagement of its business and financial interests.

A spokesman for Depp said, "Johnny Depp is pleased to have reached a settlement agreement with The Management Group as a result of the lawsuit brought against the company in January 2017. The The lawsuit filed against The Management Group – and the subsequent settlement – is further evidence that Johnny is determined to take firm measures to protect his staff and artistic reputation in the interest of his family and his career. "[19659002] The statement also said that Depp is grateful to his fans and excited to focus his energy on his work for "JK Rowling's Fantastic Beasts: The Crimes of Grindelwald ."

TMG n & rsquo; Had no comments. A source close to the dispute told CBS News that TMG is satisfied with the settlement.

Recently, in an interview with Rolling Stone Depp spoke about his legal battle with TMG, led by brothers Robert and Joel Mandel. Mr. Depp said the brothers cost him $ 6 million in fees after failing to pay his taxes on time for 13 years; The Mandels replied that they were not able to pay taxes on time because Depp was poor in money. Depp also complained that the Mandels paid his sister $ 7 million and his badistant $ 750,000 without telling him and that his family in Kentucky was spending exorbitant money.

However, Depp also boasted of Rolling Stone. He said, "It's insulting to say that I spent $ 30,000 in wine because it was a lot more."

He added that they also had the price for one of his most wacky spending, paying to shoot the ashes of his friend. "By the way, it was not $ 3 million to chase Hunter in the air," Depp said. "It was $ 5 million."

This story was originally published by CBS News on June 16, 2018 at 5:33 pm. AND

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