Google reaches settlement with businessman who sued to have online abuse removed

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Google has agreed to a settlement with a former Morgan Stanley banker who sued the search engine over defamatory Internet posts.

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Daniel Hegglin, a Hong Kong-based investor, went to Britain's High Court to force Google to ensure posts falsely labeling him a murderer, pedophile and Nazi didn't appear in search results.

Hegglin's lawyer, Hugh Tomlinson, said Monday that the case had been settled. He didn't disclose details, but said the settlement "includes significant efforts on Google's part to remove the abusive material."

Google lawyer Antony White said Hegglin had received an "exceptional" amount of Internet abuse.

He said Google wasn't responsible for policing the Web, but would "continue to apply its procedures that have been developed to assist with the removal of content which breaches applicable local laws."