ThinkSecret Cash Settlement?
Monday December 24, 2007 12:30 AM EST
Written by Arnold Kim

[Ciarelli] also received a payment from Apple, according to a person familiar with the case. Both sides declined to discuss details of the agreement.
There has been a tremendous amount of speculation that this may have been the case, but no real confirmation.
ThinkSecret issued a statement late last week that they had reached an amicable settlement with Apple over an almost 3 year old lawsuit accusing ThinkSecret of illegally obtaining and disseminating Apple trade secrets. The only details of the settlement revealed were that ThinkSecret would not reveal their sources, and would no longer be published. Later comments from Ciarelli's lawyer suggested that Apple settled to avoid potentially losing the case if it were pursued. Apple, however, has made no public comments settlement.
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