Charlize Theron Settles Suit with Watchmaker
Posted on Tue Nov 4, 2008 10:09 AM PDT

Charlize Theron CharlizeWatchSuit200.jpgLOS ANGELES, California (X17online) - Charlize Theron has settled a $20 million suit with a Swiss watchmaker that alleged the Academy-Award winning actress failed to follow the terms of a contract with the company.

Watchmaker Raymond Weil sued Theron claiming the actress wore a competitor's watch at several red carpet events, a violation of her agreement with the company.

Weil said the violations "demonstrate a total disregard by [Theron] for any of her obligations under the agreement."

Terms of the settlement were not disclosed and neither the watchmaker or Theron would comment on the case.