The event took place over the weekend at The Waldorf Astoria in New York City.
The case was revived by the Fourth Circuit Court of Appeals in 2015, but could fall just short of a jury trial.
She also weighed in on how it made her feel when she heard Trump's hot mic remarks from an 'Access Hollywood' interview about his ability as a star to sexually impose himself on women.
The performer shared the news in a handwritten note posted to Twitter.
Details of the settlement are scarce, but attorneys filed a joint notice with the court on Monday.
Interviews with Afrika Bambaataa, Questlove, Pharrell, Rick Rubin and more are featured in a film documenting the story of the Roland TR-808 drum machine debuting Dec. 9 as an Apple Music exclusive.
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