Facebook Agrees To Settle Timelines Trademark Row

Law360, Chicago (May 6, 2013, 5:32 PM EDT) -- Facebook Inc. has agreed to settle Timelines Inc.'s trademark suit in Illinois federal court accusing Facebook of jeopardizing its business through the social media giant's own Timeline service, according to a regulatory filing Facebook submitted Thursday.

In a May 2 filing with the U.S. Securities and Exchange Commission, Facebook wrote that it has reached an agreement to settle Timelines' suit, and that the cost of the deal "was not material to our business, financial condition or results of operations." The suit had been set to go...
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