Alanis Morissette and a business management firm have settled a lawsuit the singer filed last month. That suit alleged that Morissette’s former business manager improperly took nearly $5 million from her accounts, the Los Angeles Times reports.
In a joint statement issued to the Times by the firm and the singer, Morissette said, “I am pleased to have the civil part of this matter resolved.”
The suit, filed in Superior Court in Los Angeles on May 17 had alleged that Morissette’s former business manager, Jonathan Schwartz — a member of the firm — took at least $4.7 million from the singer’s accounts over several years. The distributions were discovered by Morissette’s current manager, the suit claimed. Morissette was seeking upward of $15 million in damages.
Terms of the settlement were not announced, but the paper reports that the firm has suspended Schwartz and is suing to have him removed from the firm and to recoup more than half a million dollars it says he had been advanced.
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