Journey’s Neal Schon and Tareq Salahi have come to an agreement in the $50 million lawsuit the White House Gatecrasher filed against the rock guitarist after he ran off with his wife Michaele, RadarOnline.com is exclusively reporting.
A source close to the situation said the suit was settled in August and that Schon is essentially Tareq to walk away for the price of $12,000 and his mortgage payments over the next year. In his initial suit, Tareq complained that the stigma of being cheated on publicly hurt his image and cost him lucrative opportunities.
The Salahis first gained fame for crashing the 2009 White House state dinner, where they took a picture with President Barack Obama. They later parlayed the notoriety into a spot on the short-lived Real Housewives of D.C. franchise.
In a September 2011 interview with the TODAY show after Michaele left him, Tareq said the blonde beauty “wanted to go more to that ‘A’ [list] celebrity,” adding he thought of Journey as “an 80s’ band” whose days of relevance had long passed.