Britney Spears

Settles Sexual Harassment Suit

Filed By Former Bodyguard

3/1/2012 11:45 AM PST BY TMZ STAFF
0301_fernando_flores_britney_spears_X17_EXBritney Spears has settled a lawsuit filed by Fernando Flores, a bodyguard who worked for her for a very short time -- a bodyguard who claimed Britney was a sex-crazed maniac who came on to him and flashed him.

Sources close to Britney say the lawsuit is total B.S. -- he worked for her for about a minute.

Nonetheless ... Britney decided to end the lawsuit after going before a private mediator ... and it's officially case closed.

As for whether Britney paid Flores any loot ... no one is talking.  The terms of the settlement are confidential.