Lindsay Lohan Released on $75K Bail

Lindsay Lohan is out of jail after posting $75,000 bail following a roller coaster legal day for her. The starlet appeared before a judge yesterday for the fourth time in nearly a year and was sentenced to 120 days for violating her probation by taking a designer necklace. But the judge also reduced the actress' charge from felony grand theft to a misdemeanor.

Lohan's attorney filed a notice of appeal right before court closed, clearing the way for the actress' release on bail after a few hours. Superior Court Judge Stephanie Sautner said she thought the actress had intentionally taken the $2,500 necklace from an upscale Venice store and shown poor judgment in not trying to return it until police became involved. But she said the reduction in charge is typical in such cases. Click for more. (More Lindsay Lohan stories.)