Nicholas Cage settles financial suit with accountant
September 2nd, 2010 - 1:42 pm ICT by ANIWashington, Sep 2 (ANI): Nicolas Cage has settled his mega-lawsuit with his accountant, Samuel J. Levin.
The ‘City of Angels’ star claimed that the accountant ruined him financially, reports TMZ.
Cage said that the unduly investments made by Levin, especially in real estate, cost him millions.
In addition, the actor also blamed him for 14 million dollar tax debt.
In his countersuit, Levin claimed Cage was a spendthrift who bought 33 million dollars worth of homes and 22 cars, including 9 Rolls-Royces.
Terms of the settlement have been kept confidential.
However, a source revealed, “Nic is happy that it is resolved”.
The 46-year-old Cage sued Levin for 20 million dollars in October last year, claiming that accountant incurred him huge financial losses. (ANI)
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Tags: 20 million dollars, accountant, cars, city of angels, countersuit, financial losses, investments, levin, nicholas cage, nicolas cage, real estate, rolls royces, spendthrift, tax debt
