Lindsay Lohan and E-Trade Settle 'Milkaholic' Lawsuit
By PopEater / Wire Services Posted Sep 21st 2010 06:20AM
Although the court had issued a bench warrant for her arrest Monday, Lindsay Lohan's $100 million lawsuit over an E-Trade television commercial is all over, baby. A Manhattan court filing Monday said the actress has withdrawn her case against the brokerage, which she'd accused of making her the implied target of jokes about a "milkaholic" named Lindsay in a Super Bowl ad this year.
E-Trade Financial Corp. spokeswoman Susan Hickey said the case's end reflected a "simple business decision" for the New York-based firm, but she wouldn't discuss details. Lohan's lawyer, Stephanie Ovadia, didn't immediately return a call seeking comment.
Watch the E*Trade ad that started it all below:
The brokerage has put out a series of ads featuring adult-voiced babies talking about online trading. In the Super Bowl spot, a baby's infant girlfriend asks suspiciously whether "that milkaholic Lindsay" has paid him a visit.
Another female baby pops into the picture and says in a woozy voice: "Milk-a-what?"
Lohan, 24, has had high-profile trouble with drinking and drug use. 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. A Beverly Hills judge issued an arrest warrant for the troubled starlet on Monday after the actress acknowledged failing a drug test. The warrant was stayed until a hearing Friday to determine whether she violated her probation.
Lohan's lawyer said in court papers filed last month that the E-Trade commercial deliberately referred to Lohan.
"These babies in their commercials were symbolic and were not acting just as cute babies but were actually portraying (Lohan) and her grown-up friends," Ovadia wrote.
E-Trade called Lohan's claims meritless. Lawyers for the company noted in an April court filing that Lohan isn't the world's only Lindsay - or generally associated with online trading or banking.
"No reasonable person would connect (Lohan) with the E-Trade commercials," they wrote.
2010 AOL LLC. All Rights Reserved. Copyright 2009 The Associated Press. The information contained in the AP news report may not be published, broadcast, rewritten or otherwise distributed without the prior written authority of The Associated Press. Active hyperlinks have been inserted by AOL.
MORE ABOUT Lindsay Lohan
Find the latest stories, biography, photos, videos, and more.Read more about Lindsay Lohan Li
- Jennifer Aniston
- Paris Hilton
Kate Middleton is officially a princess. She walked the aisle in an Alexander...
According to Denise, she's not sure that her estranged ex is completely sober....
Popeater Hot Topics
- Kim Richards Checks Into Rehab After Drunken Arrest: Report
- Bobby Brown Files for Guardianship Over Bobbi Kristina Brown's Estate: Report
- Dan Fredinburg Dead: Sophia Bush's Ex Dies After Nepal Earthquake Triggers Mt. Everest Avalanche
- Celebs donate $500,000 scholarships to students on UNCF show
- Lena Dunham: 'When I was raped, I felt powerless'
- Scarlett Johansson says it was hard being married to another actor
- Barack Obama Brings Key & Peele "Anger Translator" Onstage at White House Correspondents Dinner!
- Zac Efron Enjoys PDA-Filled Karaoke Night With Girlfriend Sami Miró: "They Were Lovey All Night"
- Ariana Grande, Jennifer Lopez and Fifth Harmony Win Big at the 2015 Radio Disney Music Awards