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Lindsay Lohan

Gets Paid in

'Milkaholic' Lawsuit

9/20/2010 3:30 PM PDT BY TMZ STAFF

Lindsay Lohan just milked E*Trade all the way to the bank -- and it's all over a Super Bowl commercial that may have insinuated Lohan is a "milkaholic."

0920_lindsay_etrade_launch
TMZ has learned Lohan's $100 million lawsuit against E*Trade has been settled.

The terms of the settlement are confidential -- but we're told Lindsay's team is "very happy" with the results ... and sources say Lindsay got some cash out of it.

As we previously reported, Lindsay claimed the stock trading company violated her rights by featuring a baby character named Lindsay who happens to be the "milkaholic" other woman in a baby love triangle.

Lindsay's high-powered attorney Stephanie Ovadia tells TMZ, "The case between Lindsay and E*Trade has been settled ... there is no further comment."

E*Trade reps tell TMZ, "E*TRADE has always maintained that the claims were without merit, which is why we moved to dismiss the case. With the case now withdrawn, we are pleased to have the matter behind us."

Dina Lohan also weighed in, saying, "The family is pleased that the case has been settled."

166 COMMENTS

No Avatar
136.

kromen    

Just for that, I'm calling her milkaholic for life.

1464 days ago
137.

sara    

I'm so sick of this coke head, I can't believe she got money for this BS lawsuit. I hope she goes to jail soon, but she will probably get special treatment as she always does.

1464 days ago
138.

themare    

Of course Dina says, "The family is pleased that the case is settled". This means that Dina can suck more money out of Lindsay. This means that Dina does not have to get a real job.

1463 days ago
139.

petlover    

This is the most stupid thing I have ever read. This is what is wrong with our world. Greedy lawyers, ignorant celebs, that sue for no reason. And even worse, a fame hunting judge agrees with it! These people make me sick. Spilling "hot" coffee and suing was just the beginning of these senseless lawsuits. Now because a commercial uses a name that is like yours...............

1463 days ago
140.

themare    

Washington Post says that Lohan dropped the suit. Can't believe anything Dina says.

1463 days ago
141.

star2gazer    

The only money she really got was in the form of getting her parking validated by her lawyer.
Do you really think she WON this law suit? Suckers!!!!

1463 days ago
142.

Unclassified    

Yes, Dina and Lindsay can go do more drugs and alcohol together! Family time! How sweet? See daughter run back to mommy for protection and alcohol, drugs. Mother a fine example! lol! Daughter like mother or mother like daughter? A mother and daughter drinking, smoking, cracking, and maybe they can overdose together too?

1463 days ago
143.

FlamingoNut    

As per #143:
Washington Post:
Celebrity Beat: Lindsay Lohan -- who is preparing for a Friday court hearing in the wake of her failed drug test -- drops lawsuit against E-Trade for using the name Lindsay in their "milkaholic" Super Bowl commercial...

1463 days ago
144.

FlamingoNut    

Over at Popeater.com:
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.

1463 days ago
145.

matty    

Once again TMZ get's it wrong.

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.

1463 days ago
146.

Mike    

This is beyond rediculous. Next thing you know, someone else named "Lindsay" (or any variation thereof) will become a celebrity and Lohann will sue her because she'll be afraid that people won't know which one is being referred to in the media and she'll demand that the other one change her name to prevent possible confusion. It's preposterous. When I saw the commercial, Ms. Lohann was asolutely the LAST person I was thinking of. Only her "fans" were the ones who cried otherwise.
She doesn't OWN exclusive use of her first name. Do we even know if internal E*Trade do***ents (like the script) even spelled the baby's name the same? Ms. Lohann must've been desperate for cash.

1463 days ago
147.

jim    

I thought this was a joke the first time I heard about the law suit. They seriously got a settlement?? I think every woman named Lindsay on the planet ought to start a class action against E*trade citing this case. But, as always, who really profits from frivolous litigation is not the parties, but the law firms.

1463 days ago
148.

Punky    

Lindsay said she's a work in progress. Obviously she hasn't been doing the work require d to stay Sober. Associating with the wrong people quit wasting tax payers money on court costs either go Die or Clean up your **** you Dumb stupid Whore coke snorting Fish Lipped Biatch!

1463 days ago
149.

L    

This is ridiculous. What an effing loser Lindsay is. Please overdose and die. We are tired of your drama.

1463 days ago
150.

flora68    

While this whole thing seems really stupid on the surface, I have to admit that I always assumed that ad WAS talking about Lilo, and thought it was pretty risky for this very reason-potential litigation. I can't see how it actually it harmed her; she should have laughed it off instead of pouncing on an opportunity to sue. She's going to have enough trouble getting work without being known for being litigious...

1463 days ago
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