Tom Cruise reached an unspecified agreement this week with Bauer Publishing and has since instructed a California federal court to dismiss a $50 million defamation lawsuit.
Litigation commenced after articles in Life & Style, and In Touch, made claims that the actor had abandoned his youngest daughter Suri following his divorce from Katie Holmes.
Cruise and Bauer issued this joint statement: "Bauer publishing 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.
Tom's lawyer Bert Fields told The Hollywood Reporter, “Tom doesn’t go around suing people. He’s not a litigious guy. But when these sleaze peddlers try to make money with disgusting lies about his relationship with his child, you bet he’s going to sue.”
The lawsuit opened up many intimate details about Tom and Katie's private life and in part of his deposition Cruise admitted that his participation in the Church of Scientology played a role in their marital split.
Radar Online reported that Bauer Media was ready to call Katie Holmes in for a court deposition. They cite this as the reason Cruise dropped the lawsuit.
See court documents here. A June 2014 trial date has been cancelled.
Photo Credit: WENN