Tobacco.org

Universal: Class-Action Appeal Denied 

Tobacco and lumber company Universal Corp. on Thursday said the petition by it and other defendants seeking the appeal of class-action status in a tobacco auction antitrust suit has been denied.

A three-judge panel of the U.S. Court of Appeals for the Fourth Circuit denied the petition on Wednesday, Universal said in a filing with the U.S. Securities and Exchange Commission. Richmond, Virginia-based Universal did not give a reason for the denial in the filing.

Jump to full article »