Howard K. Stern Settles Rita Cosby Lawsuit

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Howard K. Stern's list of legal issues just got (slightly) shorter.

The lawyer and former Anna Nicole Smith "companion" has settled the $60 million defamation lawsuit he had filed against former MSNBC anchor Rita Cosby.

Not Camera Shy

A petition for dismissal was filed on Friday, Stern attorney Steve Sadow confirms, but did not comment further "pursuant to the terms of the settlement."

Stern was seeking that massive sum after certain allegations were amde in Cosby's Blonde Ambition: The Untold Story Behind Anna Nicole Smith's Death.

Cosby (falsely) claimed Stern and Larry Birkhead were lovers.

The (bogus) sexual relationship of these two led to a lawsuit.

That was the biggie. But she also suggested the former rivals hatched a secret deal in which Stern agreed to support Birkhead's bid for custody of Dannielynn as a quid pro quo for Birkhead's support for Stern to remain executor of Smith's estate.

Executors take hefty commissions for their efforts, anywhere from 3-6 percent at the least - an eight-figure payday considering Smith's $400 million.

Earlier this year, Stern dropped similar defamation claims against former Smith bodyguard Mark Speer, whom Stern claimed was Cosby's main source.

Stern is still seeking punitive damages against defendant Elizabeth "Jackie" Hatten, the sister of one of Smith's ex-beaus, Mark "Hollywood" Hatten.

Not such good news for Stern? The fact that he's being prosecuted for a litany of felonies as an enabler of Smith who contributed to her death.

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Larry Birkhead Quotes

She has a boyfriend. Count from Seasame Street.

Larry Birkhead [on his daughter]

I think about life in a different way. I had kidney stones and was in the hospital for a week in July. I was freaking out thinking, If something happens to me, Dannielynn is by herself. I'm all this little one has left.

Larry Birkhead