Warner settled a lawsuit over its losses from Atari.

New York-based Warner Communications agreed to pay $17.5 million to settle a suit brought by some of its stockholders who suffered losses when problems in the company’s Atari home-computer and video-game unit became known. The suit had alleged that Warner waited too long to make public the fact that Atari’s earnings went into a steep decline in 1982, in large part due to the collapse of the video-game market.