Real Housewives of New Jersey star Jacqueline Laurita, her husband Chris will be signing an agreement to end the $8 million lawsuitÂ relating to Chris’ former business Signature Apparel. According to new court documents obtained by RadarOnline, Jacqueline and Chris â€œagree to pay the total gross sum of One Million Dollars ($1,000,000.00)â€ to a trustee for plaintiffs.
The couple will have to immediately pay $100,000 when a judge approves the agreement. The Lauritas will then be making payments of $112,500 through September of 2016.
Jacqueline and Chris were accused of taking millions of dollars from the company and using it to support their lavish lifestyle, even though the business was failing.
They filed for bankruptcy in 2009 and Jacqueline and Chris were eventually charged with knowingly defrauding their creditors, and the trustees of the case hit them with a $7.8 million lawsuit.
If the judge approves the agreement, the Lauritas latest filing states they admit no wrongdoing.
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