December 10, 2012 - A lawsuit between LendingTree LLC and QuinStreet Inc. has been resolved.
LendingTree brought the lawsuit against QuinStreet in September 2010 for infringement of a patent on coordinating loans over the Internet. Under the terms of the settlement, QuinStreet agreed not to challenge the LendingTree patent's validity and licensed the patent.
LendingTree still has patent lawsuits pending against Zillow, Nextag and Adchemy. Doug Lebda, chairman and CEO of Tree.com (LendingTree's parent company), said that he expects that trial to occur early in 2014.