By The Associated Press

Published: Saturday, February 16, 2013, 10:15 p.m.
Updated: Saturday, February 16, 2013

AMARILLO, Texas — Stanley Marsh 3, an eccentric millionaire artist best known for his “Cadillac Ranch” art display along an interstate in the Texas Panhandle, has settled lawsuits from 10 teenagers who allege he paid them for sex acts, attorneys announced on Saturday.

In a prepared statement, plaintiffs' attorney Anthony Buzbee and Marsh's attorney Kelly Utsinger said the teens and Marsh have resolved their differences and that no side will have further comments. The statement was obtained by the Amarillo Globe-News.

Marsh also faces six counts of sexual assault and five counts of sexual performance of a child. The charges accuse the 75-year-old millionaire and artist of molesting a 15-year-old boy and a 16-year-old boy in 2010.

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