A lawsuit filed by a B.C. man who was acquitted of a teenage girl's murder after spending 14 years in jail for her slaying has been settled out of court.

Kyle Unger filed suit in 2011 for $14.5 million against the RCMP and a number of federal and provincial justice officials including former Manitoba Crown prosecutor George Dangerfield, who was responsible for three other murder convictions that were eventually overturned.

A spokesperson for Manitoba's justice department confirmed Monday afternoon that an out-of-court settlement had been reached.

"He's waited a long time to try and put this in the past," said Calgary lawyer Gavin Wolch, who was one of the lawyers who worked on the case.