The proceedings were commenced against several defendants, including former Cohn & Wolfe healthcare directors Fiona McMillan and Rebecca Galbraith. The proceedings remain ongoing against those two individuals.
In the statement, made today, Clark said: ‘The terms of settlement between us are confidential but I make this statement to apologise unreservedly to Cohn & Wolfe for my involvement in this matter. At no point in time did I set out to act against the interests of Cohn & Wolfe but acknowledge that Cohn & Wolfe felt the need to protect their business interests. I hope that with this settlement and unreserved apology we can now put this matter behind us.'
Clark left Cohn & Wolfe in 2008 to join Huntsworth Health as MD of its Marlow office. He subsequently left Huntsworth last summer after little more than a year in the post. He was understood to be planning to launch his own healthcare PR agency.
McMillan and Galbraith were both dismissed earlier this year on grounds of gross misconduct. They had resigned last year and were working out their six-month notice periods.
Cohn & Wolfe announced plans to launch legal proceedings against the pair, who are understood to deny any wrongdoing, in January.
At the time, Cohn & Wolfe UK CEO Fiona Noble told PRWeek: 'We are taking legal action to obtain orders from the High Court requiring Fiona and Rebecca to act lawfully and in compliance with their Cohn & Wolfe employment contracts.'