10:50 GMT, Friday, 2 May 2008 11:50 UK
Jackson drops ex-accountant claim
Pop star Michael Jackson has dropped a lawsuit against an accounting firm he claimed made unauthorised deals.
It is not known whether the singer, who alleged negligence and breach of trust, has agreed a settlement with Bernstein, Fox, Whitman, Goldman & Sloan.
Mr Jackson sued the firm in December 2006 claiming it was late paying taxes he owed, as well as entering into contracts without his permission.
The company attempted to countersue the star but the action was dismissed.
The firm claimed the singer owed nearly $1m (£502,000) in unpaid bills.
Mr Jackson has maintained a low profile since his June 2005 acquittal on child sex abuse charges in California.
His lawyers could not immediately be reached for comment.
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