The deal will end a case in which the rapper claimed the liquor maker "typecast" his DeLeón tequila brand and treated it poorly "because he is Black.”
Many of the victims have not yet received compensation, a rep says.
The rapper will avoid prison time over his role in a scam that prosecutors say "inflicted substantial harm on numerous businesses."
The case claims that "disgruntled" heirs have gone rogue and are threatening to plunge the iconic singer's $156 million estate into chaos.
The "ELVIS" Act arrives the same day as the "No AI FRAUD" Act in the U.S. House, which addresses similar issues at the federal level.
A judge said Duane Davis can serve house arrest with electronic monitoring ahead of his June trial.
In this week's Legal Beat, T.I. and Tiny face sexual assault allegations, French Montana wins an unusual copyright victory, Cher battles her son in court, and much more.
A Los Angeles judge ruled the singer's attorneys hadn't given Elijah Blue Allman and his lawyers the necessary documents in time and set another hearing for Jan. 29.
French won a lawsuit over allegations of illegal sampling, but the judge says the star rapper shouldn't celebrate after winning on a technicality.
The country star's attorneys want to drop him as a client, but they're now facing pushback from one of his accusers.
