Tom Cruise Settles $50 Mill Lawsuit With ‘Life & Style’

Tom Cruise filed a lawsuit against Bauer Media Group over defamation last October for the tune of $50 million dollars. The lawsuit was due to a report published in Life & Style about Cruise being a neglectful father and abandoning his youngest daughter Suri. What once looked like a long legal battle between the publishing company and Cruise, has reportedly been dropped.

According to The Wrap, Cruise’s lawyer Bert Fields said in a statement that the Oblivion actor’s defamation lawsuit has been settled.

“Tom Cruise’s lawsuit against Bauer Publishing, In Touch and Life & Style magazines has been settled. The terms of the settlement were not disclosed and remain confidential. 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.”

The original report about Cruise’s role as a father had claimed that he had abandoned Suri after Katie Holmes filed for divorce.

Cruise’s lawyer had made a statement about the serious nature of the lawsuit back in February:

“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.”

In addition to the lawsuit, Cruise’s representation requested that Bauer give up the identities of the “sources” that spoke with Life & Style as well as the communication trail. At the time it was reported that Bauer would attempt to protect the identity of the sources by using the journalistic shield law.

Currently Suri lives in Manhattan, New York with her mother Katie Holmes, and Cruise has extensive visitation rights as agreed upon when their divorce was finalized on July 9, 2012.

Back in June Tom Cruise treated Suri to a vacation at a luxury resort in Greenbrier County, West Virginia, so it seems like the actor is making an effort in getting to spend time with his daughter, despite his busy schedule.

[Image credit: Helga Esteb / Shutterstock.com]