Tara Reid Drops $100 Million 'Sharknado' Lawsuit

Tara Reid is no longer pursuing her massive $100 million lawsuit against "Sharknado" producers who she claimed were wrongfully profiting off her image.

The actress filed court documents informing the court she is dropping all claims against the "Sharknado" producers and dismissing her entire lawsuit.

The docs note that the "action is dismissed by the Plaintiff in its entirety."

As The Blast first reported, Tara Reid sued Asylum Entertainment and SYFY Media Productions, accusing them of false endorsement and misappropriation of celebrity likeness.

Reid believed the defendants wrongfully licensed the rights to use her likeness, which they do not own, to "manufacturers of slot machines, gambling products and beer makers, who in turn have marketed their product with her likeness, and continue to wrongfully trade and profit therefrom."

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The actress claimed they licensed her image to a third party without her consent and made millions in profits off the gaming machines.

She claimed her contract was very specific that her face could not be used in "Sharknado" promotional material if it related to tobacco, gambling, hygiene or sexual products.

Reid demanded no less than $100 million in damages for the alleged breaches of their deal and an injunction prohibiting from her face continuing to be used on the machines and products.