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Nicolas Cage $20M Lawsuit Against Business Manager Dismissed

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LOS ANGELES — Court records show a lawsuit in which Nicolas Cage accused a former business manager of mismanagement has been dismissed.

A counterclaim by the manager, Samuel J. Levin, also was dismissed.

The 46-year-old Cage sued Levin for $20 million in October, claiming the accountant led him on a path to financial ruin.

Levin countersued for unpaid fees and alleged the actor didn't listen to his advice.

Court records indicate both cases were dismissed Monday. No other details were available.

Phone messages left for Cage's attorney Marty Singer and Levin's attorney Joseph Schleimer were not immediately returned Wednesday.

The dismissal was first reported Wednesday by celebrity website TMZ.

THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP's earlier story is below.

LOS ANGELES (AP) – Court records show a lawsuit in which Nicolas Cage accused a former business manager of mismanagement has been dismissed.

A counterclaim by the manager, Samuel J. Levin, also was dismissed.

Cage sued Levin for $20 million in October, claiming the accountant led him on a path to financial ruin.

Levin countersued for unpaid fees and alleged the actor didn't listen to his advice.

Court records indicated both cases were dismissed Monday. No other details were available.

A phone message left for an attorney for the 46-year-old actor was not immediately returned Wednesday.

The dismissal was first reported Wednesday by celebrity website TMZ.

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