By and  on May 18, 2009

Woody Allen ended more than a year of legal sparring with American Apparel Inc. Monday when he agreed to a $5 million settlement from the retailer on the morning their dispute over unauthorized billboard advertisements was to go to trial.

“It’s of course possible that by going through the trial a jury might have awarded me more money but this is not how I make my living and $5 million is enough to discourage American Apparel or anyone else from trying such a thing again,” Allen said.

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