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Professional Diversity unit, LinkedIn settle lawsuit

Professional Diversity Network Inc. and its unit NAPW Inc. inked an agreement to settle a lawsuit with LinkedIn Corp.

LinkedIn filed the lawsuit in September seeking payment of outstanding amounts it claimed were owed to it under a marketing agreement between LinkedIn and NAPW.

The terms of the settlement agreement were not disclosed, according to a Dec. 28 SEC filing.

Microsoft Corp. recently completed its acquisition of LinkedIn.