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Selena Gomez reaches settlement

October 5th, 2013 12:20pm EDT

Selena Gomez Selena Gomez has settled a lawsuit against a fragrance company, which accused her of backing out of a multi-million dollar endorsement deal.

Adrenalina Inc., who began suing the 20-year-old brunette beauty last April for allegedly breaking a contract to be a spokesperson for the brand, will reportedly receive a six figure sum from Selena, who counter-sued in May, claiming the manufacturers actually owed her more than $5.2 million because their business deal fell apart.

The perfumers previously claimed it had invested $2 million into researching and developing the deal with Selena before she backed out, but she later insisted the company was broke and couldn't afford to make her product.

Her attorney Michael Weinsten initially said the lawsuit was without merit, adding: "Any claim that Selena did not meet her promotional obligations is ridiculous, manufactured after Adrenalina was terminated. Selena will vigorously defend this lawsuit, and will soon bring her own lawsuit against Adrenalina for millions in damages."

But both sides have now come to an agreement and the lawsuit has just been dismissed, according to gossip website TMZ.com.

The 'Come & Get It' hitmaker will have to pay a six-figure sum to put the case behind her but the deal also contains another component that could see the amount bumped up to seven figures.

The singer and Adrenalina Inc. declined to comment on the settlement.

Related: Selena Gomez, Celebrity

Photo Credits: © WENN

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