Michael Jackson’s estate and former manager settle lawsuit

LOS ANGELES — A years-long lawsuit between Michael Jackson’s estate and one of the superstar’s former managers has been settled, ending one of the final legal fights over the King of Pop’s assets.

Tohme had sought nearly $20 million from the Jackson estate in the lawsuit filed in 2012, saying he was entitled to a 15% commission on funds generated by deals he arranged for Jackson that were received after Jackson’s death in June 2009. Before trial began, Judge Mark A. Young dismissed part of the lawsuit in which Tohme sought some of the profits of the concert film “This Is It,” which was released after Jackson’s death.

“For the last year and a half I was the closest person to Michael Jackson,” Tohme told The Associated Press in an interview shortly after Jackson’s death.“I hate the words ‘mystery man,'” Tohme told the AP. “I’m a private man. A lot of people like the media and I don’t. I’m a self-made man. I’m in the world of finance.”

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