Johnson sued Nathan Hardwick, an advisory who served on the board of the Dustin Johnson Foundation, in October 2014 claiming his $3 million investment was, in fact, needed to cover shortages created by Hardwick, who is accused of embezzling $30 million from his former law firm.
“As good as I can feel about it,” Johnson said on Thursday at the FedEx St. Jude Classic when asked about the settlement, which was filed in U.S. District Court for the Northern District of Georgia last month.
No details of the settlement were made available.
According to the lawsuit, Hardwick convinced Johnson to invest $3 million in his law firm, promising a $1 million return on his investment over 30 months. The firm failed to make the first two monthly payments and Johnson filed the suit.
Johnson opened with a 4-under 66 at the FedEx St. Jude Classic and was one off the early lead at TPC Southwind.