The lawsuit involving Razorbacks star quarterback Clint Stoerner and his three former business partners has been settled. The joint motion to dismiss was filed last week in Pulaski County Circuit Court.
In July, Stoerner’s attorney Matthew B. Finch of Little Rock told Judge Tim Fox in a letter that the parties had reached a settlement and were working on the documents to close the case. The paperwork didn’t say what the terms of the settlement were.
Finch couldn’t be reached for comment Thursday afternoon.
If you recall, Stoerner, in a lawsuit filed in 2014, accused his former partners — Todd Havens, Larry Vassar and his adult son, Rick Vassar — of breach of contract for removing him from his $100,000-a-year job at Stoerner & HaVas Insurance Agency Inc.
When the agency was formed five years ago, Stoerner received a 25 percent ownership.
Havens and the Vassars denied any wrongdoing. Instead, they filed a counterclaim against Stoerner, accusing him of sidestepping his responsibilities at the insurance agency.
Havens and the Vassars had hoped to use Stoerner’s local celebrity status to market the company and attract business, according to their counterclaim.
The attorney for Havens and the Vassars, Joseph W. Price II of Little Rock, declined to comment on the case.
With Stoerner out, the agency changed its name earlier this year to Truck Centers Insurance Group.
Its website describes an independent transportation insurance agency with a wide range of products for truckers and trucking companies.