Barely 24 hours after suing alleged file swappers around the United States, the recording industry has settled its first, agreeing to drop its case against a 12-year-old New York girl in exchange for $2,000.

The Recording Industry Association of America (RIAA) filed 261 lawsuits Monday against computer users it said were exclusively "egregious" file swappers. One of the targets wound up being Brianna Lahara, who was identified by the New York Post as a 12-year-old honors student who lives in a New York City Housing Authority apartment.

Read more: [URL=http://news.com.com/2100-1027_3-5073717.html?tag=lh]CNet News[/URL].