The estate of late singer Selena has backed down from their lawsuit against UMG Recordings for money they said was due to them for digital royalties, Billboard reports.

According to a court document filed Friday, Selena's estate has agreed to dismiss their lawsuit filed in U.S. District Court in New York. The initial suit was filed on March 31, the 20th anniversary of the singer's death. Additional details on the settlement were not released.

The lawsuit said that Selena's estate should receive 50 percent of UMG's net profits from licensing or selling her music to third-party digital content providers, such as iTunes, according to two agreements from 1993. The lawsuit further detailed that after examining documents from July 2009 to the present day, Selena's estate claims that UMG miscalculated the royalties and "grossly underpaid" her estate.

The original lawsuit accused UMG Recordings, a subsidiary of Vivendi's Universal Music Group, of breach of contract and violating the royalty agreements that had been established before Selena's death in 1995, according to Reuters.

The estate claimed that UMG shorted them by millions of dollars, KZTV reported.

"Despite enjoying the continued posthumous commercial success of Selena's music, UMG has, contrary to its obligations under the Recording Agreements, consistently failed to properly account to and pay Plaintiffs under the agreed-upon royalty structure," the complaint read.

UMG declined to comment on the lawsuit.

Selena was killed March 31, 1995 when she was shot by the president of her fan club, Yolanda Saldivar, in Corpus Christi, Texas. For the murder, Saldivar is serving a life sentence in prison.

During the 20th anniversary of her death, the people of Corpus Christi remembered Selena with events and memories of her.

Selena's family has decided not to participate in these kinds of events on the anniversary of her death. Abraham Quintanilla, Selena's father told the Associated Press, according to NBC News, that there is nothing to celebrate and that they remember Selena every day.