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Headlines Tagged with Price 986 headlines found


[Illinois] $10 Billion Tobacco Case is Dead

A multibillion-dollar class action against tobacco giant Philip Morris cannot be reopened, a Madison County judge said.
Courthouse News
added Dec 14, 2012 12:14

[Illinois] Ruth hears arguments over petition in cigarette labeling case; Declines to issue immediate ruling

After a nearly eight-hour hearing today, Madison County Circuit Judge Dennis Ruth declined to immediately rule on a petition seeking relief from the dismissal of a $10.1 billion verdict over "light" and "low tar" cigarette labeling.
Madison County (IL) Record
added Aug 22, 2012 15:48

[Illinois] U.S. Supreme Court Puts an End to Price “Lights” Case

“Today’s action by the U.S. Supreme Court effectively ends this case once and for all,” said Murray Garnic,...“Almost 10 years ago this case was dismissed against Philip Morris USA, and, after countless hearings, motions and legal maneuvers by the plainti
Altria Group, Inc.
added Jun 20, 2016 20:59

Smokers Say High Court Ruling Revives $10B Judgment ($$)

blasted Philip Morris’ claims that the U.S. Supreme Court’s recent decision in a death penalty case doesn’t apply to claims that a biased Illinois high court justice caused the rejection of a $10 billion trial court judgment over cigarette labeling, urgin
added Jun 15, 2016 17:15

SCOTUS: PRICE v. PHILIP MORRIS: On Petition for a Writ of Certiorari to the Supreme Court of Illinois: BRIEF FOR RESPONDENT IN OPPOSITION (PDF)

two factual asser­tions: (i) that Philip Morris USA Inc. contributed "millions" to Justice Karmeier's 2004 and 2014 campaigns and (ii) that in 2014 Justice Karmeier made "pejorative" public comments...Both assertions are sheer fiction.
Amazon CloudFront
added Mar 28, 2016 15:21

[Illinois] AUDIO: Next Moves in Tobacco Suit?

in a case shelved on a technicality, Illinois smokers had been awarded $10.1 billion in a class-action case against Philip Morris. The plaintiffs' grounds were that Big Tobacco marketed “low-tar” and “light” cigarettes as safe.
Alton Daily News · WBGZ 1570 AM
added Nov 17, 2015 14:25

Illinois Supreme Court to hear appeal over reinstatement of $10B verdict in cigarette lawsuit

The high court, which has thrown out the verdict at least once, decided Wednesday it would hear arguments involving the April opinion by the Mount Vernon-based 5th District Appellate Court, Supreme Court spokesman Joe Tybor confirmed Thursday. The appell
AP - Associated Press
added Sep 25, 2014 13:22

[Illinois] Altria Remains A Dividend Stock Despite Litigation Headaches

Price "Lights" does bring uncertainty and exposes the company to increased legal/litigation risk. Also, this will increase litigation costs for the company and will impact its earnings. This will in turn limit multiple expansion for Altria.
Seeking Alpha blog network
added May 27, 2014 12:24

[Illinois] Hearing set for Tuesday in decade-old case over 'light' and 'low tar' cigarette labeling

Set for 9 a.m. Tuesday, the hearing will mark St. Louis attorney Stephen Tillery's latest attempt to reignite the consumer fraud case over "light" and "lowered tar and nicotine" cigarette labeling that has been smoldering in the state's court system for
Madison County (IL) Record
added Aug 16, 2012 12:13

[Illinois] Philip Morris to SCOTUS: Don’t revisit corporate money in judicial elections

If the Supreme Court is interested in revisiting the issue of campaign contributions and the appearance of judicial bias, it has a vehicle. In January, Illinois state court class action plaintiffs who won a $10 billion judgment against Philip Morris in 2
added Mar 29, 2016 17:14
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