Alexander Wang is breathing a little easier these days.
On Monday, New York ferderal court judge, Harold Baer, dismissed the $450 million lawsuit brought on by the designer's ex-employees.
Both sides came to an undisclosed agreement about two weeks ago and submitted a request to have the case dismissed with prejudice, which means neither Wang nor the former employees can file an appeal.
Judge Baer also ordered that both parties be responsible for their own attorney’s fees and other costs related to the case.
A spokesman for Wang had $450 million reasons to be happy about the case's outcome, saying:
"We are gratified that this matter has been dismissed, as the allegations were unfounded and completely false."
If that's the case, then why settle? Or maybe the employees didn't want to take their chances and would take whatever they could get out of Wang.
Yeah, that sounds right.
[Image via Flashpoint/WENN.]