Russell Crowe (search) has reached a settlement with a Manhattan hotel employee who claimed the actor threw a phone at him, according to a statement released Thursday by the actor's publicist.

The Academy Award (search) winner allegedly struck concierge Nestor Estrada (search) in June while Crowe was in New York to promote his movie "Cinderella Man," in which he portrayed a boxer.

"Both sides expressed satisfaction at the resolution," the statement said.

Terms of the settlement were not disclosed.

The 41-year-old Australian movie star publicly apologized on the "Late Show with David Letterman" shortly after the incident, saying it was "possibly the most shameful situation that I've ever gotten myself in in my life, and I've done some pretty dumb things in my life."

Crowe was angered by a malfunctioning phone at the Mercer Hotel and at 4 a.m. threw it and struck Estrada in the face.

Crowe is married to actress Danielle Spencer (search) and they have a young son together. He was trying to call home to Australia and got mad because the phone wasn't working.

Prosecutors charged Crowe with second-degree assault and fourth-degree criminal possession of a weapon — the telephone. Crowe, who's free on his own recognizance, is scheduled to return to court Sept. 14.