Warner Bros. Settles Suit With Charlie Sheen

Terms of deal with former ‘Two and a Half Men' star not disclosed

By Andrea Morabito -- Broadcasting & Cable, 9/26/2011 6:48:17 PM

Warner Bros. has settled the lawsuit from former Two and a Half Men star Charlie Sheen against the studio and executive producer Chuck Lorre, Warner Bros. said in a statement Monday.

"Warner Bros. Television, Chuck Lorre and Charlie Sheen have resolved their dispute to the parties' mutual satisfaction," the studio said in a statement. "The pending lawsuit and arbitration will be dismissed as to all parties. The parties have agreed to maintain confidentiality over the terms of the settlement."

Sheen sued Warner Bros. and Lorre in March for $100 million plus punitive damages after his firing from Two and a Half Men and subsequent loss of wages. The settlement is reported to be around $25 million.