Gettyimages | Mick Hutson

Rock band 'Korn' has settled their financial dispute with ex-drummer David Silveria, after the band sued him for causing them to lose out on proper payments of their royalties.

According to legal documents, obtained by The Blast, Korn and Silveria have entered into a settlement agreement and are dismissing the lawsuit filed in Los Angeles County Court.

We broke the story, Korn sued their former drummer for violating the terms of their breakup deal. Korn's original members, Jonathan Davis, James Shaffer, Reginald Arvizu, and Brian Welch claimed they reached an agreement in 2006 with Silveria, after he left the band, to give up all his rights to royalties for one lump sum payment.