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Following news of their respective dropped lawsuits, the widow and daughters of Tom Petty have issued a joint statement regarding their new LLC handling Petty’s music.

Dana York Petty, Annakim Violette and Adria Petty said via the Petty estate that they have, “…resolved their differences and dismissed all litigation matters” and “Each of them sincerely regrets that in their intense grief over Tom’s tragic death, actions were taken that were hurtful to one another.”

They continued, “We are committed to honoring Tom’s voice, music, integrity and his charitable spirit…Each member of the family will have equal standing in Tom Petty Legacy, LLC and will work together on all future endeavors. The business will build upon Tom’s 40+ years of great music and his historic career.”

The recent settlement around the Petty estate comes after nine months of legal challenges.

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Erica Banas is a rock/classic rock news blogger who's well versed in etiquette and extraordinarily nice.