Overview
- Court filings show lawyers told Judge Anne Hwang at a pretrial conference that the case had settled on Thursday, and all pending motions and hearings were vacated.
- The settlement amount was not disclosed and the parties must file a settlement notice and a dismissal request by May 26 to formally end the $25 million suit.
- The trustee sued Jayne in 2021, alleging she and her companies received more than $25 million from Girardi Keese, and court records show the firm paid at least $14 million on her American Express account from 2008 to 2020.
- Tom Girardi was convicted of wire fraud and is serving a multi‑year federal sentence, some trustee claims were reportedly sold to a third party, and separate lawsuits linked to Jayne, including a designer’s case, continue to move through court.
- Jayne has denied legal liability and faces no criminal charges, but the confidential settlement ends the scheduled jury trial and leaves open questions about how former clients and creditors will be repaid and who will control remaining claims.