Tom Cruise reached a settlement in his $50 million lawsuit against Bauer Publishing Dec. 20.

The company, which publishes Life & Style and In Touch magazines, issued an apology to Cruise, saying they never intended to imply that the Mission: Impossible star had abandoned his 7-year-old daughter, Suri, after his divorce from Katie Holmes, according to The Daily Mail. 

The actor filed a lawsuit after a pair of stories ran on the two magazines' covers, suggesting the 51-year-old star had abandoned his child.

Cruise's lawyer, Bert Fields, caked the stories outrageous, saying the actor spoke to his daughter frequently while working on a pair of movies that were keeping him overseas.

Fields told The Hollywood Reporter back when Cruise first filed the suit in October 2012 that while the actor is not one to usually sue over these stories, he couldn't ignore this one because it involved his daughter.

"Tom doesn't go around suing people, he's not a litigious guy," Fields said. "But when these sleaze peddlers try to make money with disgusting lies about his relationship with his child, you bet he's going to sue."

The amount for the settlement has not been disclosed, but the publishing company did release a statement after it was reached.

"Bauer Publishing, In Touch, and Life & Style never intended to communicate that Tom Cruise had cut off all ties and abandoned his daughter Suri, and regret if anyone drew that inference from anything they published," they said.

Cruise and Holmes had Suri in April 2006, and married later that year. They divorced in 2012.

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