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Video After The Jump

Walmart has agreed to a financial settlement with Tracy Morgan over a June 7, 2014, crash on the New Jersey turnpike.

As we previously reported, a Walmart big rig driven by Kevin Roper slammed into the back of a 2012 Mercedes limousine-bus carrying Morgan, James McNairJeffrey and Krista Millea and Ardley Fuqua.

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James McNair

McNair was killed in the accident. Morgan suffered a brain injury, broken leg bones, a broken nose and several broken ribs.

Morgan filed a lawsuit against Walmart in U.S. District Court in New Jersey, in July. Fuqua and the Millea's named as plaintiffs in the suit.

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On Wednesday, May 28, Morgan announced that a settlement had been reached.

"Walmart did right by me and my family, and for my associates and their families. I am grateful that the case was resolved amicably," Morgan said in a statement.

"Our thoughts continue to go out to everyone that was involved in the accident," said Greg Foran, Walmart U.S. president and CEO. "While we know there is nothing that can change what happened, Walmart has been committed to doing what's right to help ensure the well-being of all of those who were impacted by the accident. We worked closely with Mr. Morelli, and we are pleased to have reached an amicable settlement that ends this litigation. We are deeply sorry that one of our trucks was involved."

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