Three US Tobacco Companies Will Pay (Dollar) 100 Million to Settle 400 Smoking Lawsuits

Three major US tobacco companies, Philip Morris, RJ Reynolds and Lorillard, have collectively agreed to pay (Dollar) 100 million to settle over 400 lawsuits filed in Florida by smokers or their families, seeking damages for injuries caused by smoking. Altria unit Philip Morris USA, the largest US tobacco company, and RJ Reynolds, the second-largest, will each pay (Dollar) 42.5 million to resolve the federal cases, while Lorillard will pay (Dollar) 15 million. Attorney Robert Nelson, of ...

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Written by: editor - Wednesday, February 25, 2015

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