Manny Hailey Settles $53 MILLION Lawsuit . . . He Had Against Young Thug's New Manager!!


Last year, celebrity SUPER manager Manny Halley sued Young Thug's new business managers for $53 million. Manny had previously represented Young Thug, and he sued when the new managers falsely accused him of using one of Thugs credit card's without his permission.

Well the case has been settled - and we're told that Manny is a HAPPY and RICH man.

He issued a statement celebrating the settlement he received. Here's what it said:

The lawsuit between Manny Hailey, David Weise, and David Weise Associates has been amicably resolved. Upon further investigation the parties agree that there was NO CRIMINAL CONDUCT.

David Weise and David Weise & Associates have cleared up the misunderstanding among them

According to TMZ, Halley is getting a huge payout via the terms of the settlement, cashing a 7-figure check.

The lawsuit initially stemmed from an e-mail sent by Thug's former finance team, alleging that Halley had racked up over $200K in unauthorized charges. However, the rapper's ex-manager stated that the charges were allocated to private jets Thug had used while on tour. Halley says that David Weise & Associates, the business team Jeffery was dealing with, tried to drag his name in the dirt after he tried getting them fired for screwing up Thug's finances. The situation was so bad at one point that Thugger's cell phone service and home electricity were shut off because of non-payments.

Wow, congrats to Manny . . . Put some RESPECK on his name.

Here's an Instagram photo Manny shared recently: