Embattled American Conservative Union leader Matt Schlapp appears to be nearing a settlement with Republican campaign operative Carlton Huffman for allegedly “pummeling” his crotch against his wishes after a boozy night in Atlanta. The Daily Beast reported that the sexual battery and defamation lawsuit bought by Huffman against Schlapp has stalled out, with the approached deadlines to file subpoenas and depositions passing by. The lull in legal actions leading to the suggestion that a settlement was in the works is reinforced by court records and sources privy to the situation, according to th…