Alec Baldwin settled a lawsuit filed by loved ones of cinematographer Halyna Hutchins who was killed on the set of his movie "Rust," the actor's lawyer said Wednesday.

Hutchins was fatally shot and director Joel Souza wounded in the Oct. 21, 2021, incident in New Mexico when a live round was discharged from a gun held by Baldwin, who shares screen and producer credits on the suspended movie.

The cinematographer's family filed a lawsuit in February againstBaldwin and others involved in the film, accusing them of reckless behavior and cost-cutting measured led to the tragedy.

"Throughout this difficult process, everyone has maintained the specific desire to do what is best for Halyna’s son,” Baldwin’s attorney Luke Nikas said in a statement.

"We are grateful to everyone who contributed to the resolution of this tragic and painful situation."

Terms of the settlement were not released.

Production of the Western is expected to begin again in January.

This is a developing story, please refresh here for updates.

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