Cerberus Settles Ex-Managing Director's Retaliation Suit

Law360, New York (May 24, 2013, 4:45 PM EDT) -- Cerberus Capital Management LP on Friday settled a lawsuit lodged by a former managing director who accused the firm of firing her in retaliation for alerting higher-ups to what she believed to be misleading marketing materials that violated securities laws. 

Cerberus and former employee Lisa Marie Vioni filed a stipulation asking a New York federal judge to dismiss Vioni's suit against the firm because the parties had amicably resolved the claims. The terms of the settlement are confidential, according to the filing.

Vioni's lawsuit, filed in April,...
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