Tom Cruise Settles $50 Million Libel Lawsuit Against Bauer Media

Tom Cruise Settles $50 Million Libel Lawsuit Against Bauer Media

Tom Cruise has settled his $50 million lawsuit against Bauer Media after they plastered his “abandoned Suri” story all over the tabloids. The terms of the settlement have not been made public, but he will be getting a public apology from them for the mishap.

It all began when Katie Holmes filed for divorce from Tom. Afterward, it was said that Tom hadn’t seen his daughter in months. The tabloids went on with the story as they usually do, but Tom wasn’t standing for it. He took the case to the courts with a $50 million lawsuit against the publishers. TMZ has more of the details:

The terms of the settlement are sealed. Each side will pay its own legal fees.

Part of the deal was that the defendants issue the following statement: “Bauer Publishing, ‘In Touch’ and ‘Life and Style’ 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.”

Are you surprised that they have settled the case this quickly? Aren’t you curious how much he got from the false reports of his abandonment? Be sure that if we can get our fingers on that information, you’ll be the first to know!

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