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Lindsay Lohan & ETrade Reach Agreement After "Milkaholic" Suit

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Sep. 20 2010, Published 12:16 p.m. ET

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Luckily, Lindsay Lohan has just settled her legal matters with E*Trade, as she is about to face more court drama following her failed drug test. It looks like the trouble 24-year-old actress cashed in after reaching a settlement with the financial company.

The terms of the settlement will remain confidential, but according to TMZ LiLo's camp is "very happy" with the outcome.

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“The case between Lindsay and E*Trade has been settled,” Lindsay’s lawyer told TMZ. “There is no further comment.”

OK! NEWS: LINDSAY LOHAN'S "MILKAHOLIC" CASE IS HEATING UP

The actress originally sued the company for $100 million, claiming the below Super Bowl commercial, in which  the baby named Lindsay in the spot, who is referred to as a "milkaholic," was a direct reference to her and defamation of character.

MORE ON:
Lindsay Lohan

LiLo is headed to Judge Elden's courtroom on Friday and is subject to more jail time after testing positive for drugs.

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