Los Angeles ( CNN ) -- Three of Michael Jackson 's brothers settled a lawsuit Monday that they filed last week against a company they alleged `` duped '' them in a deal to sell replicas of jackets worn by the pop icon . The endorsement of the `` Thriller '' and `` Beat It '' jackets was the first involving Michael Jackson 's oldest son , Prince , who posed for pictures with his uncles as they autographed the limited-edition jackets last month . `` Marlon , Tito and I created this project as a tribute to our brother Michael and his fans worldwide , and we are very happy that there has been a resolution , '' Jackie Jackson said Monday . The brothers ' announcement did n't specify the terms of the settlement . The brothers filed a lawsuit Tuesday alleging the jacket 's marketer bounced a check to them for travel expenses and had failed to pay each of the three brothers the $ 100,000 each for signing the 1,000 leather jackets . `` We spent the last week making sure that everyone is in agreement with this settlement , '' Eric Farber , the attorney for the Jackson brothers , said in announcing the settlement . The Jacksons are looking forward to `` a successful partnership '' in the future with the company , he said . Steeve Bohbot , owner of Connected Internationals Sales , said he was `` relieved to clear up this misunderstanding . '' `` We have such an immense respect for the Jackson brothers and Michael 's legacy and are pleased to have resolved this situation , '' he said . The Jackson brothers , who recently reunited onstage for a series of concerts , gathered at West Hollywood 's Bar Marmont on October 29 to sign the jackets . Prince Jackson , who has previously stayed away from commercial endorsements , joined them at the event , but he did not autograph the jackets . Prince Jackson was not involved in the lawsuit since he was not part of the marketing agreement . It was not disclosed how much he was to be paid to attend and pose with the jackets . Michael Jackson debuted the red `` Beat It '' and red and black `` Thriller '' jackets , designed by Marc Laurent , in 1983 . The Jackson brothers signed 500 of each jacket , which are still on sale for $ 2,350 .
Marlon , Tito , and Jackson resolve their dispute with the marketer , attorney says . Terms of settlement not disclosed in suit Michael Jackson 's brothers filed . Suit : Each brother was to get $ 100,000 for $ 1,000 ` ` ' , '' ` ` Beat It '' replica jackets . Deal is a ` ` tribute to our brother , '' Jackie ' " .