Floyd Mayweather, Manny Pacquiao settling defamation case
LAS VEGAS -- Floyd Mayweather Jr. and Manny Pacquiao are settling a federal defamation case in Las Vegas, clearing a key hurdle to a long-awaited bout between two top fighters who've traded verbal jabs for years but have never met in the ring.
Terms of the pretrial agreement cited in documents filed Tuesday in U.S. District Court in Las Vegas are confidential, said Malcolm LaVergne, a lawyer representing Floyd Mayweather Jr.'s father in the case.
LaVergne said documents filed under seal ask U.S. District Judge Larry R. Hicks to dismiss the lawsuit. Documents filed publicly said each side would bear its own attorney fees and costs.
"The matter has been resolved," LaVergne said. "Any alleged terms of the resolution would be strictly confidential. Floyd Mayweather Sr. is very happy that this lengthy case has finally come to a conclusion."
Pacquiao filed the lawsuit in December 2009 seeking unspecified damages based on allegations that Floyd Mayweather Jr. defamed him by suggesting Pacquiao used performance-enhancing substances. Pacquiao denied Mayweather's claim.