Kate Jackson - Jackson Settles Lawsuit With Fawcett Aide
CHARLIE'S ANGELS star KATE JACKSON has settled a $3 million (£2 million) lawsuit with her late pal FARRAH FAWCETT's former business manager, after accusing the aide of leaving her in "financial ruin".
The actress claimed Richard B. Francis used her "extremely close relationship" with Fawcett to land her as a client, but let her down on a series of key issues.
Jackson alleged Francis made incorrect estimates about the size of her fortune, claiming she was worth $5.4 million (£3.6 million) when the actual figure was closer to $3 million (£2 million) and also claimed he urged her to buy an over-priced house in California which she couldn't afford.
In papers filed at Los Angeles County Superior Court earlier this year (10), Jackson alleged she "suffered financial ruin at the hands of the very person she entrusted with her finances".
Now Jackson and Francis have reached an undisclosed settlement, reports TMZ.com. Lawyers for both parties tell the website they are "satisfied with the settlement agreement".