Knoedler Gallery Director settles lawsuit over fake Rothko

Ann Freedman, long a leading New York gallerist, and a couple who accused her in a federal lawsuit of fraudulently selling them a fake Rothko painting for $8.3 million settled their lawsuit on Sunday.

Terms of the settlement were not disclosed, but the agreement was confirmed by lawyers for Ms. Freedman and for the collectors, Domenico and Eleanore De Sole.