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Last January, the Mirror claimed that during a 2001 trip to Barcelona, Spain, Moss slipped into a coma after ingesting a large amount cocaine.
"The allegations are untrue," Gerard Tyrrell, an attorney for Moss, said Wednesday. Tyrrell also announced the settlement on behalf of his client, who did not show up for the High Court's hearing in London.
A spokesman for the Mirror Group Newspapers Limited admitted that the allegations in the story were wrong and said that the paper should not have printed the story. He also apologized for any distress or embarrassment the story caused Moss, AP reports.
Both parties agreed on a settlement amount, although that figure was not disclosed.
The settlement, however, hasn't lessened the London tabloids' interest in Moss. The supermodel continues to be the target of coverage over her relationship with British rocker Pete Doherty.
