BANKING & FINANCE - Feb. 11, 1992
From Times Staff and Wire Reports
Compaq Settles Advertising Dispute: Compaq Computer Corp. and Dell Computer Corp. said they have settled their legal battles over each other’s advertising claims. Compaq had sued Dell and Dell’s advertising agency, Goldberg Moser O’Neill, over advertisements published in the United States and United Kingdom, contending that the ads were false and misleading. Dell countersued Compaq and the Ogilvy Group, Compaq’s ad agency. Under the settlement, all parties agreed not to comment further and none admitted any wrongdoing. Dell will pay Compaq an undisclosed sum, but the amount will not have a material effect on the financial statements of either firm, the companies said.
