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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 With the case now withdrawn, we are pleased to have the matter behind us."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
91.

RabbleRouser    

I wish company's would stop paying these losers off just to go away.

1502 days ago
92.

RabbleRouser    

I wish company's would stop paying these losers off just to go away.

1502 days ago
93.

Miss Bu    

LMAO ROL is reporting the lawsuit was dismissed

1502 days ago
94.

Robin    

I hope they find her dead.....

1502 days ago
95.

dee    

Funny, she'll sure over being called a milk addict, but not a drup addict! What does that tell you?

1502 days ago
96.

Sydney    

I can't believe they paid that skank! Die lindsay Die!
Belushi has a place waiting for you in HELL!

1502 days ago
97.

Superman    

If they paid that bitch anything, then all their lawyers should be fired!! This was the easiest case EVER for a corporation to defend!

1502 days ago
98.

Rita    

Of course Dina is happy, now there is some cash while Lindsay goes back to jail. This is the most rediclious law suit I have even seen and ETrade settled to get them out of the picture, thats all. ETrade has better things to deal with than the money grubbing Lohans. Now for me, should I go after the Beatles for making the sone Lovely Rita and depicting me as a meter maid.
OH and BTW does Stephanie Ovida really think she is a high powered lawyer, that is even a bigger joke than the actual law suit..

1502 days ago
99.

go home!    

She has to make her money somewhere since she's not gonna get any jobs. Coke whore loser.

1502 days ago
100.

Bren    

Dina is always pleased when there is money around

1502 days ago
101.

Al    

Is it a coincidence that this was settled while all of the other stuff is going on? The Lohan's probably got enough to pay their attorney bills and a nominal amount for them so they can claim victory.
I couldn't see any jury voting in Lohan's favor if the case actually came to trial, and you've got to assume that eTrade's lawyers are not stupid. However, it would be worth a small payment to get rid of the nuisance.

1502 days ago
102.

sam    

This is what’s wrong with our judicial system? The judges allow these stupid types of lawsuits to make it to court and waste our taxpaying dollars that’s what’s really wrong. Or just the threat of going to court... It is job security for the courts and everyone involved. If the courts demanded the party that loses pay all court cost then a lot less people would sue. This lawsuit is stupid because Lindsay rep is destroyed by her and not by anyone else, alcohol and cocaine…..and she is worried about milk!

1502 days ago
103.

Aquarianne    

She should pay them. Milkaholic is about the tamest thing she can be called.

At least White Oprah and little whats-her-face will have money while the bread winner is in jail.

1502 days ago
104.

Cartman    

I bet she settled for an eightball of coke and a couple Adderall pills.

1502 days ago
105.

Chun LI    

What?!! Why settle.This lawsuit was ridiculous.

1502 days ago
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