Earlier this year, back in March, Lindsay Lohan and her team of batsh-t crazy lawyers decided to file a $100 million lawsuit against E*TRADE. What had the company done to our little crackhead? Well, they had mocked her, terribly, and destroyed her fragile little mind and damaged her unblemished and sterling reputation. E*TRADE had used their talking babies, and their new commercial featured a talking baby identified as “Lindsay” – and this baby was a “milkaholic.” Lindsay’s lawsuit stemmed from the idea that she’s so famous and important that she’s known as just “Lindsay” – like Cher or Madonna. Dina even got into the act, claiming that E*TRADE were “babies” and they were “mocking a child.” It was beautiful. Here’s the commercial that started it all:
Anyway, yesterday the announcement came down – E*TRADE and the poor maligned Lohans came to a settlement agreement, and the lawsuit was withdrawn:
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.” 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 With the case now withdrawn, we are pleased to have the matter behind us.”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.”
[From TMZ]
First: Mother Crackhead speaks! This is her first statement since the milkaholic tested positive. Second: This news was kind of lost because the announcement came out within the same hour as Lindsay’s probation being revoked, and a bench warrant being issued, because she’s a cokehead, a crankhead and a f-cked up cracked-out liar. I hope E*TRADE didn’t have to pay too much – honestly, the Lohans are such f-cked-up, hustlers, I doubt the settlement was anything beyond the low 6-figures. Which they shouldn’t have to pay, but whatever, it’s easier then taking this thing all the way. Stupid milkaholic Lohans.
One more Lohan story: Fox News’ legal experts think that the judge will likely throw Lindsay back in jail immediately after Friday’s hearing. The whole thing is here – apparently, at this point, it’s totally up to the judge’s discretion whether or not she goes to jail for violating her probation. Eh.
Lindsay on August 30, 2010, and with Ali on Sept. 20, 2010. Credit: Fame.
Damnit. Anything they paid Lindsay was too much.
Whatever. All the money is going to go towards her gargantuan legal fees or up her mother’s nose.
I hate e-trade for giving anything to this crackhead. If I HAD any extra money to invest it wouldn’t be with them.
I bet her attorney is happy. She is sure to be paid now for all of her services.
from the linked fox story:
I had a conversation with her the other night for two and a half hours … She was just telling me … other business ideas.
gourd. instant flashback to every its-two-in-the-morning-and-there’s-a-crackhead-on the-phone conversation i ever suffered through.
Just goes to show everybody has rights, even people who use drugs.
As an aside what do you think Lilo would be like if you saw her in real life in a supermarket or something? Do you think she’d be a friendly sort of person who’d let you have your picture taken with her?
I can’t believe this – there were no grounds for a lawsuit if the only name given to that baby was’ Lindsay.’ It is this kind of self-entitled bullshit that makes her think she is the only ‘Lindsay’ in the world. Keep feeding the sociopathic narcissism.
I’m guessing most of any money they received went to legal fees. However, there was probably a bit left over for a wee bit of plumping of the duck lips and a line or two of coke. Stupid crackie.
I can’t believe they settled, there was NO merit to this case! They should have said “bring it, bitch!” and made her lawyers prove in court that she apparently owns all rights to a name millions of people have.
But I’m guessing it was cheaper to throw a couple bucks at her rather than rack up legal fees defending themselves.
They might have setlled because the baby was named Lindsay which isn’t even in the top 100 baby names.
I think she will be back in jail it is just a question of whether she gets 30 or more given that the 2 failed drug tests took place in a 3 day period.
She could be in jail this weekend and freed sometime next week.
As much as I hope they toss her in and throw away the key, I’m not convinced she’ll have to do all her remaining time.
I mean what kept the judge from having her appear once every press outlet and their neighbors reported about her flunked tests?
What I still don’t get: why were the “experts” at the UCLA Neuropsychiatric Hospital thinking she wasn’t an addict? What were the docs smoking when they said Judge Revel had overreacted? They should all get their licenses revoked.
Disappointing.
@Chris sure, she will let you have your picture taken with her… but you would have to pay her 10 dollars, no, wait.. 50 dollars. She’d do anything for money, because how the hell is she going to afford her crackhead habits once her millions are gone?
They shouldn’t have paid her a red cent. All her legal fees have got to be piling up now. I doubt very much any of her numerous lawyers are getting paid for putting up with her cracked out ass.
Yea I can’t believe they gave that girl money. There was no way LL could connect that commercial to herself. What a loser. Is that how she see herself? I wouldn’t have given that girl a dime and I would have taken it to court.
E*Trade should pay them in ice cream gift cards. That way Lindsay and her mom can’t snort the money up her nose.
Okay lets think of it this way, you know they payout wasn’t that big, and whatever it was, it was way cheaper than all the publicity they would have had to pay for or try to conjure up.
Trust me, this was a Win/Win for E*Trade.
Disappointing result but they’d probably rack up whatever they paid her in legal fees with publicity they didn’t want, even if they aren’t in the wrong.
So the little crackie wins some cash to tide her over. If it’s not gone already.
how frivolous, and the fact that a court would even hear a case like this speaks poorly about the USA
I don’t know why everybody is so angry about the settlement. Since it wasn’t thrown out of court Etrade knew that it was cheaper to give Lindsay a few hundred thousand than to spend a lot more on legal fees and the hassle of going to court. People should be more angry that such a frivolous lawsuit even made it too court.
@Nanea
Once Judge Revel was off the case it was very clear she was getting out early.
She was only sentenced to 90 days in rehab because she only completed 60 at the Cirque Lodge instead of the 90 days that her probation stated.
Since May she was clean except the prescriptions and she detoxed before jail. In jail she was given the prescribed amounts and then in UCLA was taken off most/all of her prescriptions.
Remember this was a lockdown facility and LESS than a week after she was there she got a new Judge.
So she just went along with everything and fully complied and got out early.
hmmmm…i wonder how she’ll spend the money? party at lindsay’s!
It doesn’t matter if she complied fully with UCLA’s program; the program obviously dropped the ball somewhere along the line. LL is a danger to herself & any poor sod that gets in her way
@Bodhi
Yeah remember this was lockdown rehab.
So if the original Judge is removed, you didn’t fail any drug tests and were “misdiagnosed” it points to an early release.
Regardless of whether she stayed there for 20 or 90 she wasn’t making any extra progress.
The program didn’t drop the ball she just didn’t admit to anything and there was no evidence such as failed drug tests since 07 that she took drugs.
There was some background stuff involving the creative staff behind the commercial cracking wise about “Lindsay Lohan” during meetings to come up with the concept.
There was a reason that baby “Lindsay the milkaholic” was “man stealing”–if you go back to the time preceding the release of the commercial, Lilo was in da club, macking on anything in pants.
It’s a shame that these Lohans are taking up our court systems’ valuable time with their frivolous lawsuits and obnoxious, irresponsible behavior.
You said it, Stephanie!
They should never have settled.
They should’ve gone through with the trial as I’m sure the court would’ve eventually ruled there was no basis to her ludicrous claims.
And then, they should’ve countersued this drug addicted pathetic little mess for all she’s worth (hah).
milkaholic
if only
Whatever, my question is, do we get the commercial back? because it continues to be the funniest thing ever. The response to questions in our house has become “Milkawhaaa?” GENIUS. Seriously eTrade, bring it back.
“It doesn’t matter if she complied fully with UCLA’s program; the program obviously dropped the ball somewhere along the line.”
How about let’s stop blaming the program for admitting they could do nothing for this girl, because her problems are not caused by addictions, but rather her sociopathy.
The only person to be held accountable is Lindsay. And since she won’t hold herself accountable for ANYthing, the justice system will have to do it sooner or later. Sooner please, because you are just wasting my tax dollars.
God, I hope they didn’t give her much. The judge should have dismissed the case. It was ridiculous. There are what, 10 million Lindsays in America?
the timing of this suggests that Lindsay went for the quick cash settlement which means she did not get paid as much as she could have. i doubt if she even got $1 million. certainly no more than that. and most of that is gonna go to her attorneys and to pay her recent UCLA “treatment” bill.
@Chris, no she wouldn’t be friendly. She would scream cracked out gibberish and then glass you in the face. Wiser to cross to the other side of the street or climb a tree. You know, like when you see a coyote in the street.
@Innocent
“So she just went along with everything and fully complied and got out early.”
What on EARTH is wrong with you? Lindsay has never complied with any of the orders given. She missed mandatory classes and broke orders and set off her crackie bracelet. I really think you need a psychiatrist. Or a handler to babysit you, like Britney has.
My daughter watches “I-Carly” and there was an episode where the kids had to direct a video by a has-been singer named “Ginger Fox”. The character was SOOOO obviously Britney Spears-she had a baby she didn’t take care of, she was country, crazy and had no personal hygiene. She couldn’t sing or dance and was out-of-it.
My point: If Britney let a half-hour mockumentary slide by, why can’t Lindsay shut up about 26 seconds?
Andrea-2 – Because the bitch is broke!
Just saw the commercial for the first time. HILARIOUS. They would have won the suit, but I guess they thought letting it play out would damage their image.
@CB Rawks
Huh?
I was talking specifically about the UCLA court ordered rehab.
If she broke or didn’t follow any of the rules it would have been a possible probation violation so she did fully comply and this facilitated her early release.
Where did this woman get the money to pay her lawyers before the E Trade settlement? From what I have heard she is almost bankrupt