By Jonah Valdez | Los Angeles Times
Megan Thee Stallion and her former label reached a settlement this week in the rapper’s year-long lawsuit with both sides agreeing to part ways.
Attorneys for 1501 Certified Entertainment confirmed the deal to The Times on Friday but declined to comment further. They referred to a statement posted on the label’s Instagram page that read, “Megan Thee Stallion and 1501 Certified are pleased to announce that they have mutually reached a confidential settlement to resolve their legal differences.
“As part of the arrangement, both parties have agreed to amicably part ways,” the statement continued. “Both Megan and 1501 are pleased to put this matter behind them and move forward with the next chapter of their respective businesses.”
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