The Hollywood actor initially sued The Management Company (TMG) for $25 million last year, alleging “gross misconduct” and “fraudulent” self-activity.
“Johnny Depp is pleased to have achieved a settlement agreement with The Management Group following the legal action he took against the company in January 2017,” a spokesperson for the Fantastic Beasts actor told Rolling Stone.
Johnny Depp has settled a lawsuit with his former business managers.
Earlier this month, the location manager for Depp’s upcoming release City of Lies filed a lawsuit alleging he was punched twice in the ribs by the actor.