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Originally Posted by Chung Tran
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The terms were not disclosed, but it will probably leak out eventually. Does anyone want to do an over/under on the settlement amount? My guess is more than $5,000,000. I'll bet the settlement talks (which didn't take long) went something like this:
United Lawyer: What will it take to wrap this up?
Plaintiff Lawyer: We can make it go away for $xx,xxx,xxx.
United Lawyer: Add a confidentiality agreement and we have a deal.
Total negotiation time, less than 10 minutes.