By Randall Chase, Associated Press 9:16am, July 9, 2013Two University of Delaware students who got into hot water after creating T-shirts and other products bearing a lewd slogan incorporating the school's initials have settled a federal lawsuit.
Adam Bloom and Benjamin Goodman sued the university last year after being told they were infringing on UD's trademarks and would face disciplinary proceedings if they sold their T-shirts, sunglasses and can cozies.
Attorneys filed a stipulation of dismissal in the case Monday. No details were provided.
According to the complaint, Bloom, Goodman and a friend netted about $12,000 in T-shirt sales for homecoming in 2011 and planned to sell more goods in connection with last year's homecoming.
But they said the school's threats left them with a $9,250 bill for unsold merchandise and lost profits of about $25,000.
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