Luck files ‘notice of settlement’ in court battle with OTX

The notice says Luck and OTX expect to file a “dismissal of all actions” within 30 days. Terms of the settlement have not been disclosed.

Luck, a co-founder of the online research business, sued the firm for money allegedly owed to her both in connection with OTX’s sale to Ipsos for $71m and for $82,000 in unpaid settlement relating to the termination of her employment contract in December 2005.

OTX hit back with a counterclaim, accusing Luck of breach of contract and unfair business practices. Luck’s former business, Forefront Consulting Group, and her current employer, Decipher, were also named as third-party defendants in the action.