Charlize Theron Settles Watch Lawsuit

Bringing an end to her legal woes, Charlize Theron has reportedly settled a $20 million lawsuit after being accused of breach of contract by a luxury watchmaker.

Press reports tell that the bosses at Raymond Weil claim to have paid the Academy Award-winning actress a large sum to wear their watches exclusively between October 2005 and December 2006.

The troubles began at a press event in Austin, Texas in March 2006, where Charlize was photographed wearing a watch from the Christian Dior line. In April, Miss Theron then modeled a Montblanc watch on a billboard at a Swiss trade show.

After her lawyers' failing efforts to have the case dismissed, Charlize offered up a settlement agreed upon by Raymond Weil, although the terms have not been disclosed.

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