Nicholas Cage Settles Financial Ruin Lawsuit (original) (raw)

Nic Cage Settles Financial Ruin Lawsuit

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

Nic Cage Settles Financial Ruin Lawsuit :: 0901-nic-cage-ex-tmz-01

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 14milliontaxdebt.Inhiscountersuit,LevinclaimedNicwasaspendthriftwhobought14 million tax debt. In his countersuit, Levin claimed Nic was a spendthrift who bought 14milliontaxdebt.Inhiscountersuit,LevinclaimedNicwasaspendthriftwhobought33 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.

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