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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 With the case now withdrawn, we are pleased to have the matter behind us."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
76.

Shannon Steward    

I wonder how much meth she will buy with the money. I just hope Lindsey makes a sex tape before she dies, which should be in a few weeks.

1457 days ago
77.

Colleen    

Well at least her mother is happy. Mom doesn't have to find a real job now.

1457 days ago
78.

cochino    

now she can afford some of that high grade powdered milk

1457 days ago
79.

ManiacalZebra    

Translation:

"We knew the suit was crap, so we gleefully accepted the $5 offered."

1457 days ago
80.

kickaboo    

Well, the rest of us that have a Lindsay in the family that thought the commercial was cute and never once thought a bad thought about our Lindsay or any Lindsay thinks E Trade have to give Lindsay Lohan money is pure Bull****.
Here's to the Lindsays that have class and dignity....and their last name is NOT Lohan. These young women don't have someone betting on the date they will die because they overdosed themselves or drank themselves to death. Shame on E Trade for settling. They should have made Lohan prove her case.
Here's hoping that the stores Lindsay Lohan ripped off or didn't pay her bills to step up and get their share of her E Trade pay-off, otherwise it will go up her nose.

1457 days ago
81.

firsttimer    

E*Trade, you guys are a bunch of wimps.
Get your lawyers from Phoenix University?

1457 days ago
82.

janet    

C'mon people. Anyone can file a lawsuit. You have to proove what you file when you go to court. Lohan was looking for money. I don't believe E*Trade gave her a cent. No reason why they should haEnough with this crap. Lohan like Hilton still has the attitude they can do whatever they want.

Lohan likes girls...she would get along in jail just fine.

Lohan, is an actress in name only. Any talent as an actress is long gone. She is no longer the cute kid.

Michael Lohan, Daddy dearest, of course is not blaming Lindsey for her dirty tests. No. As always it's someone else's fault she came up dirty, Twice. Dina Lohan, Mommie dearest, is still only concerned about HOW HER KID IS STILL GOING "TO BE ABLE TO AFFORD AND PAY FOR MOMMIES LIFESTYLE."

Lohan can twitter all she want's and facebook all she want's and it doesn't mean crap.

I can twitter and say I'm Lohan or Hilton or whoever.

Lohan, is pulling again the I'm now just recognizing I have a problem routine. Again, cut the crap.

I wonder if Lohan, will go back to court with an F U on her middle finger nail.

Lohan, not getting funny anymore. ve to.

Kim Kardashian, who is now pissed off AND OFFENDED by a blow up sex doll called Kim now on the market IS SUEING FOR WHAT? Kardashian made a sex tape and sold that sex tape TO THE SAME MARKET THAT MADE HER ALOT OF MONEY. The blow up doll is in the same market. Yet, THAT'S OK. Oh, go figure.

What's the problem? There is None. Kardashian is not getting any money from the doll? Why should she?

1457 days ago
83.

nomer    

OF COURSE her mom is happy! More money for HER!

1457 days ago
84.

Johnny    

WOW, If that's all that was mentioned, Then E-Trade needs another set of lawyers. Or I'm gonna sue everyone that uses the John Word.

1457 days ago
85.

KAM    

More money for Dina/family to blow. JMO

1457 days ago
86.

Hutch    

F**k spoiled brats, f**k sleazy lawyers, f**k judges that allow for these circuses, and f**k this world because of it all. Justice is dead.

1457 days ago
87.

nycBrit    

Another completely ridiculous lawsuit. And the consumers always end up absorbing the cost one way or another! Bet the poor fool who came up w/the "Lindsay" idea is job hunting, too. All to funnel more money into the drug trade.

1457 days ago
88.

noneofyourbusiness    

Being accused of being a milk addict should be the least of her worries. It just makes me sick that she can find work after being arrested, going to jail and rehab. Any other joe schmoe had a record like that could not even get a job as a car wash attendent these days. Hollywood makes me SICK!

1457 days ago
89.

MD    

Dina Lohan says that "The family is happy..." No sh*t! They all sponge of Lindsey. What a bunch of media whore leaches!!! I agree with the person who said that in 6 months TMZ will be reporting "Lohan found dead in hotel room."

1457 days ago
90.

Fifty Shades of WTF    

TOTALLY BOGUS!!!! E-TRADE got robbed!

1457 days ago
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