Watch CBS News

Lindsay Lohan Satisfied With E-Trade Settlement

 NEW YORK (AP) -- A lawyer says Lindsay Lohan is "satisfied'' to have resolved her $100 million New York lawsuit over an E-Trade television commercial.

Lawyer Anand Ahuja said Tuesday that the actress reached a settlement with the brokerage before withdrawing the lawsuit a day earlier. Ahuja and an E-Trade Financial Corp. spokeswoman said the terms of the agreement were confidential.

Lohan had claimed E-Trade was referring to her in a Super Bowl ad that mentioned a "milkaholic'' named Lindsay. The commercial featured the brokerage's familiar talking babies.

The "Mean Girls'' star 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.

(Copyright 2010 by The Associated Press.  All Rights Reserved.)

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.