Ahmaud Arbery‘s mother is squashing her beef with an organization that’s been raising funds in her son’s name, but without her permission — they’ve settled the dispute without going to court.
Wanda Cooper‘s lawyer, J. Carter, tells TMZ … Ahmaud’s mom settled her trademark dispute with the 2:23 Foundation last week, avoiding the hassle of a lawsuit.
As we first told you, Wanda claimed the 2:23 Foundation was using her son’s name and likeness … hauling in massive amounts of cash donations even though she hadn’t given her blessing.
We’re told the settlement terms call for the 2:23 Foundation to phase out their usage of the marks, for the org to be dissolved and for $345,306 in donations to be transferred to Wanda’s newly established foundation, The Ahmaud Arbery Foundation.
Wanda’s new foundation, we’re told, is officially launching May 8 to coincide with Ahmaud’s birthday.
It sounds like it will be a big event … we’re told Rep. Maxine Waters, Angela Rye, Roddy Rich, Young Thug and former NBA star Tracy McGrady have all expressed interest in speaking or performing at the foundation’s launch.