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Philip Morris & Related Newswire
6/21/2006 10:44:00 AM | Smokeless Tobacco: No Chewing, No Spitting, and Fewer Cancer ...
Comments:(0) Philip Morris and RJ Reynolds are both testing a smokeless tobacco product that would help those addicted to nicotine get around the public bans on smoking that more and more communities are enacting. These are not the chewing and spitting kinds of tobacco, but a neat pouch held against the gums. Nicotine is absorbed and while the effect is sa...
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6/19/2006 8:19:00 PM | Philip Morris to get $2.15 billion back from Madison County
Comments:(0) Things are looking up for Philip Morris in Madison County, Illinois. It will get back over $2 billion of its appeal bond posted there after it lost a $10 billion judgement in a class action lawsuit. The suit claimed Philip Morris fraudulently claimed its "light" cigarettes were less harmful than regular cigarettes. The verdict was later overturned ...
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6/14/2006 6:06:00 PM | Tobacco companies ask judge to dismiss Medicare lawsuit
Comments:(0) Philip Morris USA and R.J. Reynolds Tobacco Co. are among six tobacco companies named as defendants in a lawsuit by United Seniors Association Inc. which seeks to have the companies reimburse Medicare for its disbursements for smoking-related illnesses since 1999. United Seniors is a lobbying group which is attempting to pursue the lawsuit on ...
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6/14/2006 2:45:00 PM | Smokers can't file class-action against Philip Morris
Comments:(0) The Ohio Supreme Court has denied class action status to a lawsuit brought by two Ohio smokers against Philip Morris. A lower court had approved the status but that ruling was overturned. The suit, which can still proceed on its own, involved whether Philip Morris knew that "light" cigarettes are as dangerous as regular ones when it marke...
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5/30/2006 2:13:00 PM | Supreme Court to hear Philip Morris appeal
Comments:(0) The US Supreme Court will hear an appeal by Philip Morris, which claims a punitive damages judgement against the company was excessive. A jury awarded the estate of an Oregon man $800,000 compensatory damages and $79.5 million in punitive damages, and the amount was upheld in the Oregon Supreme Court. Advocacy groups say that large punitive damages may act as a deterrent to other companies, while defendants in such cases claim the awards are unconstitutional according to the "due process" clause.
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