Tobacco litigants lose $145 billion fight
The cloud of litigation hanging over the tobacco industry has cleared after the Florida Supreme Court refused to reinstate $145 billion in punitive damages awarded in 2000 to plaintiffs in the Engle class action case.
The Engle case is the last of three major rulings against the tobacco companies – the others being the Department of Justice disgorgement case and the Price/Miles class action – leaving only a portion ($14bn) of the DoJ case as the only remaining major lawsuit.
“An appeal of the
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