Item 8.01 Other Events.

As previously reported, on February 12, 2012 Synapse Sustainability Trust, Inc. ("Synapse") filed a suit against ECOtality, Inc. and it's subsidiary (collectively, the "Company") in the Supreme Court of the State of New York, County of Onondaga. On December 10, 2012, the Company and all parties to the action entered into a mutually agreed settlement resolving any and all outstanding matters in connection with the lawsuit without admission of liability or fault on the part of any party to the action. The terms of the settlement agreement are subject to confidentiality and non-disparagement provisions.