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Johnny Depp settles lawsuits involving former managers

LOS ANGELES — Johnny Depp has settled lawsuits with his former business managers that put a spotlight on the actor’s lavish lifestyle.

Depp’s representatives said on Monday that the “Pirates of the Caribbean” star had settled litigation filed against The Mana-gement Group. Depp accused the group in January 2017 of alleged financial abuse and negligence. He sought more than $25 million in the suit. No details of the settlement were released.

Depp had accused the firm of filing his taxes late, costing him $7.5 million in penalties. The firm denied filing the returns late, and said Depp’s taxes were paid when the star had money available to pay them.

The firm also countersued and argued that Depp was solely to blame for his money troubles, spending more than $2 million a month. That lawsuit said Depp paid more than $75 million to buy and maintain 14 homes, including a French chateau and a chain of islands in the Bahamas, as well as a 150-foot yacht, private jet travel and expensive art collection.

Lawyers for The Management Group declined comment Monday.

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