Lender Processing Services Inc., a provider of integrated technology and services to the mortgage and real estate industries, announced that its subsidiary DocX LLC, has reached a settlement with the Missouri attorney general, resulting in a dismissal of the criminal charges pending against DocX LLC.

The terms of the settlement provide for, among other things, a voluntary contribution of $1.5 million to the State of Missouri, reimbursement of $500,000 to the Missouri attorney general's office for its fees and costs of investigation, and a complete release of any potential liability of LPS and DocX in the State of Missouri.

"This settlement is an important milestone in our ongoing efforts to resolve legal and regulatory issues related to the operations of DocX, which we closed in 2010," said Hugh Harris, president and chief executive officer of LPS. "LPS remains focused on resolving all remaining legal and regulatory challenges as expeditiously as possible and is committed to ensuring that we continue to operate with integrity and compliance in everything we do."