Pop diva Britney Spears and Skechers USA have settled their respective actions against each other in a deal approved last week by a federal judge in Los Angeles.
The terms of the settlement deal were not revealed.
Spears had filed a $1.5 million lawsuit against Skechers in December, alleging that the company used her name to sell its own brand of roller skates instead of promoting her Britney brand of skates. SKX countersued in March in a $10 million suit, charging the pop singer with fraud and breach of a three-year, worldwide licensing agreement she signed in January 2002.
