Lindsay Lohan settles the e-trade lawsuit
September 22nd, 2010 - 8:15 pm ICT by Aishwarya Bhatt
Sep 22 (THAINDIAN NEWS) A lawyer for Lindsay Lohan has announced that the actress has reached an agreement with the brokerage firm, E-Trade Financial Corp for an out-of-court settlement.
The actress sued E-Trade Financial Corp for $100million for what she claimed was a joke on her. The company’s Super Bowl advertisement in 2010 featuring talking babies remarked “milkaholic” named Lindsay. Both parties to the agreement have remained quiet on the details of the settlement.
The settlement will help Lohan to concentrate on her new courtroom battle. A judge has issued a bench warrant for the arrest of the actress for violating her probation terms. The actress failed a mandated drug test and she tweeted to confirm that she has failed her test.
She tweeted that “Regrettably, I did in fact fail my most recent drug test”. She however maintained that issues of drug-use do not go away easily. If that argument will hold up for the judge remains to be seen. Date of the test has not emerged but sources say the test was “recent”.
Lohan was recently released from jail earlier, than she should have been and a judge assigned to her case told the actress to pass mandated twice a week random drug and alcohol test to stay out of jail, ahead of her scheduled November 1 hearing.
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- Lindsay Lohan's Lawsuit Against E-Trade Moved To The City Of Their Headquarters - Jul 09, 2010
- Actress Lindsay Lohan ordered back to jail - Sep 24, 2010
- The $100 Million Lawsuit Of Lindsay Lohan Against E-Trade Endures A Setback - Jul 09, 2010
- LiLo suffers blow in her $40m lawsuit against E*Trade - Jul 09, 2010
- Lindsay Lohan Sues E-Trade Over Milkaholic Baby Ad - Mar 10, 2010
- Lindsay files $100m lawsuit over 'boyfriend-stealing', 'milkaholic' baby ad - Mar 10, 2010
- Lindsay Lohan demands $100 mn over 'milkaholic' ad - Mar 10, 2010
- Lindsay Lohan sues E-trade for $100 million - Mar 10, 2010
- Lindsay Lohan Hires A New Lawyer - Jul 11, 2010
- LiLo's probation revoked, arrest warrant issued over failed drug tests - Sep 21, 2010
- Lindsay Lohan to drop her surname - Mar 26, 2011
- Lidsay Lohan violates probation, sentenced to 30 days in jail - Sep 25, 2010
Tags: actress, babies, bench warrant, brokerage firm, court settlement, courtroom battle, drug and alcohol, drug and alcohol test, drug test, drug use, e trade, e trade financial, e trade financial corp, joke, lawyer, lindsay lohan, november 1, probation, random drug, super bowl