Lohan Satisfied After Settling E-Trade Lawsuit

NEW YORK (AP) — A lawyer says Lindsay Lohan is “satisfied” to have resolved her $100 million New York City lawsuit over an E-Trade television commercial featuring talking babies.

Lawyer Anand Ahuja said Tuesday the “Mean Girls” movie star reached a settlement with the brokerage before withdrawing the lawsuit a day earlier. Ahuja and an E-Trade Financial Corp. spokeswoman say the terms of the agreement are confidential.

Lohan had claimed E-Trade was referring to her in a Super Bowl ad that featured babies talking about a “milkaholic” named Lindsay.

Lohan spent two weeks in jail in California this year for violating her probation in a 2007 case involving drug use and driving under the influence.

E-Trade called Lohan’s claims meritless. It said Lohan isn’t the world’s only Lindsay.

(© 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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