The settlement was confirmed Friday by McAllister's attorney, Donald "Chick" Foret, who said it was reached last week. Foret said the details were confidential.
McAllister's suit claimed he was manhandled during Mardi Gras 2004 by bouncers at Razzoo Bar and Patio. Razzoo was the bar were Levon Jones, a 25-year-old Georgia Southern student, died after three bouncers held him on the sidewalk outside the club.
One bouncer was acquitted of manslaughter and charges were dropped against the other two.
A call and e-mail to the bar's attorney seeking comment were not immediately returned.