Court: Tobacco Billions Beyond U.S. Reach
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A U.S. appeals court on Friday rejected the government's bid to force cigarette makers to pay &#36;280 billion in past profits, striking the toughest sanction from the racketeering case and lifting tobacco stocks.
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A Louisiana appeals court cut a $591 million verdict against tobacco companies by more than half and limited the kinds of smoking-cessation programs the money can be used for.
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Tobacco could kill up to a billion people during the 21st century, the World Health Organization said.
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A panel of federal appellate judges raised significant doubts yesterday about whether courts can order tobacco companies to forfeit $280 billion in past profits if the government proves they engaged in civil fraud and conspiracy.
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A tobacco treaty of the World Health Organization (WHO) will become part of international law in 90 days, following ratification by 40 countries in the past 17 months.
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WASHINGTON  - Major cigarette makers go on trial on Tuesday in the U.S. government's $280 billion racketeering case that charges the tobacco industry with deliberately deceiving the public about the risks of smoking since the 1950s.
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The Supreme Court let stand on Monday a ruling that threw out a $10.1 billion verdict against Philip Morris USA in a lawsuit that accused the Altria Group Inc. unit of misleading consumers about the risks from smoking "light" cigarettes.
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RALEIGH, NC - A group overseeing payments to tobacco farmers and quota holders from a 1999 settlement will appeal a judge&#39;s decision that cigarette companies do not have to make the last of those payments.
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The Florida Supreme Court on Thursday rejected a &#36;145 billion punitive damage award against tobacco companies for injuring smokers, saying it was excessive. The award had been the largest ever by an American jury.
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The Supreme Court ruled Monday that Philip Morris Cos. Inc. cannot move a lawsuit by cigarette smokers into federal court.
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A California appeals court has  ruled that a smoker's record-breaking $3 billion punitive  damages award against Philip Morris was still "excessive" even  after being reduced by a trial judge to $100 million and must  be halved again.
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Tobacco officials are expected to appeal a ruling by an NC judge that halted millions in compensation to growers by cigarette companies as local farmers struggle to make their budgets and plan for next season.
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WASHINGTON -- The Supreme Court ruled Monday that Philip Morris Cos. Inc. cannot move a lawsuit by cigarette smokers into federal court.
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WASHINGTON -- It has taken five years of pretrial skirmishing, but testimony will finally begin tomorrow in the government's massive racketeering case alleging that the tobacco industry defrauded and misled the American public for almost 50 years about the health risks of cigarette smoking.
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A federal judge on Monday granted class action status to tens of millions of "light cigarette" smokers for a potential $200 billion lawsuit against tobacco companies.
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On the eve of a $280bn racketeering trial of cigarette majors, political and legal uncertainties are still seen hanging over the US governmentâs long-awaited case.
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Cigarette makers lied about the dangers of smoking for 50 years, the US government said on Tuesday as its $280 billion case against the industry went to trial.