According to Twitter blog, they are not playing ball. Twitter is taking seriously the issue of individual impersonation. The blog announcement is twitter's answer to impersonation complaint by Mr. La Russa where twitter denied that they agree to settle or plan to pay. To address improvement, Twitter has just announced a verified accounts beta program to make sure there are no more lawsuits of this nature.The Twitter verified accounts experiment will begin this summer for accounts of public officials, public agencies, famous artists, athletes, and other well known individuals at risk of impersonation.
Although the verification will implemented to small set of accounts, In the future they are looking for it to be available to all. Heres how the "Twitter verification seal" will look like.

Quoted from the blog in regards to accounts without a verification seal
Please note that this doesn't mean accounts without a verification seal are fake—the vast majority of Twitter accounts are not impersonators. Another way to determine authenticity is to check the official web site of the person for a link back to their Twitter account.
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