Pitchford and Callender Settle Gearbox Lawsuits

The Hollywood Reporter has word that the lawsuits between Gearbox Software boss Randy Pitchford and former Gearbox general counsel Wade Callender are now settled. The suits involved allegations that Pitchford pocketed a $12M bonus intended for the company and trafficked in underage pornography and counter-accusations that Callender abused his company credit card and stiffed Gearbox on a $300K loan. After all that acrimony, the conclusion seems oddly benign:
"Upon review of all the evidence in the case, it was of the opinion of counsel that the evidence exonerated Randy Pitchford from the allegations against him," reads an official dismissal statement obtained by The Hollywood Reporter. "All misunderstandings between the parties have been corrected, and apologies were exchanged. Because the parties are mutually bound by confidentiality, no additional statements will be forthcoming."