Careless Tweets Cost Courtney Love $430,000

Twitter rock star Charlie Sheen, take note.

In an arrangement being finalized today and set to be officially announced next week, Courtney Love will pay $430,000 to settle the infamous Twitter defamation lawsuit filed against her by Texas fashion designer Dawn Simorangkir (@boudoirqueen). The Hollywood Reporter this afternoon has the exclusive details:

“The amount of the settlement says it all,” Simorangkir attorney Bryan Freedman tells THR. “Her reprehensible defamatory comments were completely false and $430,000 is quite a significant way to say I am sorry. One would hope that, given this disaster, restraint of pen, tongue, and tweet would guide Ms. Love’s future conduct.”

The first payment from Love is due today, but the rest of the settlement will reportedly be spread out through 2014. Love’s Twitter account, @courtneyloveuk, was quickly deleted when the lawsuit was filed, but per the photo above, at press time, her TwitPics are still up.

Previously on FishbowlLA:
Twitter Forensics Expert Set for Courtney Love Trial

@hollywoodspin Richard Horgan is co-editor of Fishbowl.