Chris Farley's family settles bike-name lawsuit

The family of "Saturday Night Live" star Chris Farley has settled a federal lawsuit with Wisconsin based Trek Bicycles.

The company had named its fat-tired bikes "Farley", and a the lawsuit alleged that Trek misappropriated Farley's name and used his "fat guy" brand of comedy.

Farley was born and raised in Madison, which is about 30 miles from Waterloo, where Trek is based.  The comedian died of a drug overdose in 1997.

Image: WKOW

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