Court sets aside award in Philip Morris case
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A divided U.S. Supreme Court set aside on Tuesday a $79.5 million punitive damages award won by a longtime smoker's widow against Altria Group Inc.'s Philip Morris unit.
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A federal class-action lawsuit filed in Boston yesterday on behalf of Massachusetts smokers demands that Philip Morris USA Inc. pay for computerized chest scans for its customers in an effort to detect early-stage lung cancer.
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A federal appeals court struck down a Bush administration policy exempting power plants from certain environmental regulations. The court said the policy was unlawful.
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The US Supreme Court annuls a ruling that Philip Morris must pay $79.5m to a dead cigarette smoker's widow.
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A smoker who accused tobacco companies of jacking up cigarette prices to recoup billions of dollars they pay each year to U.S. states lost a federal court appeal on Wednesday.
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A closely divided U.S. Supreme Court overturned on Tuesday a $79.5 million punitive damages award won by a longtime smoker's widow against Altria Group Inc.'s Philip Morris unit.
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A federal appeals court struck down a Bush administration policy exempting power plants from certain environmental regulations. The court said the policy was unlawful
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In a smoking suit, a jury wrongly punished Big Tobacco for injuries to nonlitigants, the justices ruled.
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A U.S. appeals court on Friday  rejected the government's bid to force cigarette makers to pay  $280 billion in past profits, striking the toughest sanction  from the racketeering case and lifting tobacco stocks.
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The Supreme Court ruled on Thursday that states cannot levy a luxury tax on goods such as cigarettes, a lawyer said, sparking a rally in the shares of the country's tobacco companies.
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WASHINGTON -- The Supreme Court on Monday sided with Philip Morris USA, refusing to disturb a court ruling that threw out a $10.1 billion verdict over the company's "light" cigarettes.
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Appeals court says punitive award against Philip Morris is still &#39;excessive&#39; and must be halved. LOS ANGELES  - A California appeals court has ruled that a smoker&#39;s $3 billion punitive damages award
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A state Appeals Court panel yesterday upheld a decision that a former employee of Putnam Investments isn't entitled to a share of the millions of dollars the Boston company paid to settle charges it allowed improper trades in its mutual funds.
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The Supreme Court today discarded a $79.5 million jury award against the Philip Morris tobacco company, the latest in a decade-long series of ruling that limit punitive damage verdicts against corporations.
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The Supreme Court decision dealt a blow to investors suing companies over accusations of fraud by setting a legal standard that makes it easier to get shareholder lawsuits dismissed.
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Philip Morris USA challenged a $10.1 billion consumer fraud ruling Wednesday, telling the Illinois Supreme Court that its "light" cigarettes performed as advertised.
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Altria, which includes Philip Morris, has been looking for a way to extract divisions from the American tobacco unit, which has been mired in litigation for years.