Cablevision, Verizon End Internet Speed Ad Suit

Law360, New York (December 19, 2011, 4:51 PM EST) -- Cablevision Systems Corp. on Monday dropped its suit against Verizon Communications Inc. over a Verizon ad campaign that Cablevision said made intentionally false and misleading claims about the speed of its Internet service.

Cablevision filed a voluntary notice in the Eastern District of New York to dismiss its suit with prejudice, on the same day a hearing was to be held on the company's request for a temporary restraining order halting the disputed ads.

"Cablevision and Verizon have reached an agreement to resolve the dispute without...
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