According to court papers filed on April 14, 2008, Michael Jackson has dropped a lawsuit against the accounting firm of Bernstein, Fox, Whitman, Goldman and Sloan. The papers did not state whether a settlement has been reached or whether the lawsuit was dropped for another reason. His lawyers could not immediately be reached for comment.

Back in December 2006, Michael Jackson, through his production company MJJ Productions Inc., had sued the accounting firm alleging negligence and breach of fiduciary duty. The firm was accused of not paying workers’ compensation payments on his behalf in 2004 and 2005 and was late paying taxes he owed, in addition to hiring people and entering into contracts without his authorization.

The accounting firm counter-sued Michael Jackson the day after he filed his court papers, claiming he owed nearly $1 million in unpaid bills. That action was dismissed.

Source: Reuters