"Gerard doesn't have many regrets but not treating Jessica with the respect she deserved while they dated is one of them. He genuinely believes she was the one that got away. Jessica liked Gerard a lot, she was into his boyish nature, but she wanted something more serious. She was ready to settle down," a source said.
However, Biel, 30, is now happily married to Timberlake and she recently said how their brief split made her realise what she wanted in life, reported Daily Star.
"I needed to be alone for a while. It gives you a lot of strength, a lot of confidence, too, because it means you know that... Any decision you make is an educated one, not just an emotional one.
"You make your own choice about whether to step back into a relationship or whether to go in a different direction," she had said.