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Lindsey Buckingham reveals he’s settled out of court with Fleetwood Mac

NEW YORK, NY – OCTOBER 09: Stevie Nicks and Lindsey Buckingham of Fleetwood Mac perform on NBC’s “Today” at the NBC’s TODAY Show on October 9, 2014 in New York, New York. (Photo by Noam Galai/Getty Images)

Lindsey Buckingham revealed on CBS This Morning that his lawsuit against the members of Fleetwood Mac has been settled. Buckingham was fired from the band following their MusiCares tribute earlier this year, after he reportedly mocked — along with the other bandmembers — Stevie Nicks‘ long-winded acceptance speech. According to the guitarist, the band and management was given an ultimatum by Nicks that either Buckingham was axed or she would leave the group.

Buckingham’s lawsuit read in part: “This action is necessary to enforce Buckingham’s right to share in the economic opportunities he is entitled to as a member of the partnership created to operate the business of Fleetwood Mac. . . By excluding Buckingham from participating in the 2018-2019 Fleetwood Mac tour in breach of their fiduciary duties of loyalty and good faith and fair dealing, the Defendants intentionally acted to interfere with Buckingham’s relationship with Live Nation and the prospective economic benefit he was to receive as a result of his participation in the tour.”

According to the filing, “a deal was made with Live Nation that would earn each member of the group an estimated $12 million to $14 million for 60 concerts.”

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