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According to Polygon's Michael McWhertor, Modern Warfare creators Jason West and Vince Zampella lawsuit against Activision has been resolved. The L.A. Times' Ben Fritz reports confirmation from both parties'' lawyers.
Kotaku has reached out to both parties for comment and will update once we hear more.
Update: West and Zampella's Lawyer has told Kotaku the following: "Trial is not going forward. All parties have reached a settlement of the dispute. The terms are confidential."
Meanwhile, Activision has issued the following statement:
Activision Blizzard, Inc. (ATVI) today announced that all parties to the litigation have reached a settlement of the dispute, the terms of which are strictly confidential.
The company does not believe that the incremental one-time charges related to the settlement will result in a material impact on its GAAP or non-GAAP earnings per share outlook for the current quarter or the calendar year, due to stronger-than-expected operating performance in the current quarter.

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DISCUSSION
I'm pretty disappointed that this didn't go forward. Based on everything I've read West and Zampella seemed pretty guilty of being in cahoots with EA. I couldn't wait to see how the internet tried to spin it against Activision.