NEWSHairTech Drops Multi-Million Dollar Lawsuit Against Paris Hilton
March 9 2011, Published 12:03 p.m. ET
Hairtech International, a distributor of hair extensions, has agreed to dismiss the multi-million dollar lawsuit it filed against Paris Hilton.
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After Paris filed her own counterclaim for $1.7 million against Hairtech's claims and a judge tossed out the majority of their claims as invalid, an agreement was made.
The terms of the settlement remain confidential, but Paris will not be paying anything to Hairtech in exchange for the dismissal of its claims.
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"I am glad to put this case behind me," Chris Volek, Hairtech principal, stated about the settlement. "It was only after we got into the case that I realized the information I received from others on which I based the lawsuit was not accurate, and I only wish the best for Paris and her family. As I have told her many times, Paris is a true professional and invaluable to the promotion of any product she touches."
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"I am thrilled with this result and I too wish the best for Chris in his future endeavors," Paris responded. "It is certainly not unusual for business people to have their disagreements, but I am glad that Chris has acknowledged the hard work and dedication I put in to promoting his products."
