Lifestyle Beauty & Style Celebrity Skincare Skin Care Company Apologizes to Teri Hatcher Hydroderm retracts allegations that the Desperate Housewives star endorsed a rival product By Mike Fleeman Mike Fleeman Mike Fleeman is a former West Coast editor at PEOPLE. He left PEOPLE in 2014. People Editorial Guidelines Updated on December 1, 2020 03:57PM EST Photo: Jesse Grant/WireImage Skin care company Hydroderm has apologized to Teri Hatcher and has retracted allegations that the Desperate Housewives star endorsed a rival product. “Teri Hatcher is a woman of the highest integrity. We sincerely apologize for the adverse publicity resulting from our lawsuit,” says Hydroderm spokesperson Joshua McCleary. Hatcher also received an undisclosed amount of money. Last year, Hydroderm alleged in a $2.8 million lawsuit that Hatcher had entered into an “exclusive endorsement deal” in 2005, only to sing the praises of City Cosmetics. The actress responded that she had “done absolutely nothing wrong” and vowed to aggressively fight the lawsuit, which went into arbitration. A statement released Friday said, “Hydroderm LLC has specifically retracted all accusations made against Teri Hatcher including that she endorsed any competing products.” RELATED GALLERY:• 2005: Even at 40, Teri isn’t afraid of a little nudityRELATED ARTICLE:• Catch up on all things Desperate Housewives in TVWatch!