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Tom Cruise Settles $50 Million Lawsuit Against 'Life & Style' Publisher (Exclusive)
By SP_COP on December 20, 2013 | From www.hollywoodreporter.com
Tom Cruise Settles $50 Million Lawsuit Against 'Life & Style' Publisher (Exclusive) The actor sued over claims he had abandoned his child, and the litigation that followed made for quite a few headlines.

Tom Cruise has resolved a $50 million lawsuit against Bauer Media Group over a story in Life & Style that he had "abandoned" his 6-year-old daughter, Suri.

The parties stipulated to the dismissal of the lawsuit in a California federal court on Friday. Terms of any settlement weren't revealed beyond that each side will bear its own legal costs.

"Bauer Publishing, as well as In Touch and Life & Style magazines, never intended to communicate that Tom Cruise had cut off all ties and abandoned his daughter, Suri, and regret if anyone drew that inference from anything they published," a joint statement from attorneys for Cruise and Bauer read.

The resolution puts an end to a high-profile drama that began after Cruise's divorce from Katie Holmes and the subsequent tabloid frenzy over the details....
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