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Nicolas Cage Settles Financial Ruin Lawsuit

by tmz on Sep.01, 2010, under Actor

Nic Cage Settles Financial Ruin Lawsuit

Nicolas Cage has settled his mega-lawsuit with the accountant Nic claims ruined him financially … TMZ has learned.

We picked up documents at the court this AM showing Nic and CPA Sam Levin settled their suit/countersuit Monday.

Nic claimed Levin made reckless investments — especially in real estate — that cost him millions. Cage also blames Levin for a $14 million tax debt.  In his countersuit, Levin claimed Nic was a spendthrift who bought $33 million worth of homes and 22 cars, including 9 Rolls-Royces.

As for the terms of the settlement — confidential.  All we could get from one source was this:  “Nic is happy that it is resolved.”

Define happy.

Source: TMZ

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