Business News
5/13/2008 7:21:11 AM EST
Court Rejects Appeal In Tobacco Settlement Case
WASHINGTON – (AP) The Supreme Court rejected an appeal Monday by a California smoker who alleged the multibillion dollar tobacco settlement between 46 states and the four major cigarette companies was anticompetitive and violated antitrust laws.
Philip Morris, R.J. Reynolds Tobacco Company, Brown & Williamson and Lorillard Inc. agreed in November 1998 to pay the states more than $200 billion … Full version (available to lexis.com subscribers)
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