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Headlines Tagged with Price 986 headlines found


[Illinois] Altria to Appeal $10.1 Billion “Lights” Cigarette Ruling

"This ruling represents a serious, isolated legal and financial risk," David Adelman, a tobacco analyst at Morgan Stanley, wrote in a research note late Tuesday. Machine tests indicated cigarettes labeled "light" were less harmful because the holes allo
The Wall Street Journal Interactive Edition
added Apr 30, 2014 21:07

[Illinois] Philip Morris Light-Tobacco Case’s $10.1 Billion Award Alive

A three-judge panel yesterday reinstated the 2003 verdict, agreeing with plaintiffs’ lawyer Stephen Tillery that new evidence ... in 2008, the U.S. Federal Trade Commission said it had never addressed the use of those terms and rescinded its 1966 guidanc
Business Week/Bloomberg
added Apr 30, 2014 11:02

[Illinois] Ill. Court Revives $10B Verdict in Cigarette Case

Philip Morris says it will challenge the ruling Tuesday by a three-judge panel of the Mount Vernon-based 5th District Appellate Court. The decision revives a 2003 verdict by a trial judge in Illinois' Madison County that found Philip Morris broke Illinoi
AP - Associated Press
added Apr 30, 2014 10:56

[Illinois] Altria to Appeal $10.1 Billion "Lights" Cigarette Ruling ($$)

it will appeal a ruling by an Illinois court that reinstated a $10.1 billion verdict against the tobacco giant for marketing its cigarettes as "light'" and "low tar," the latest dramatic turn in a high-stakes case that began more than a decade ago.
The Wall Street Journal Interactive Edition
added Apr 30, 2014 10:29

[Illinois] Altria to appeal revival of $10.1 bln verdict that it misled smokers

An Illinois state court has reinstated a $10.1 billion verdict against Philip Morris USA in a lawsuit accusing the Altria Group Inc unit of misleading consumers about the risks of smoking "light" cigarettes. Philip Morris USA said it will appeal immediate
added Apr 30, 2014 10:25

Price v. Philip Morris, Inc., 2014 IL App (5th) 130017

trial court found that the plaintiffs (1) had a meritorious claim...In this appeal, the plaintiffs argue that the court impermissibly exceeded the scope of section 2-1401 review but ruled correctly on all other issues. We reverse.
Illinois Courts
added May 19, 2015 05:37

Philip Morris USA Will Appeal the Fifth District Court of Appeals' Decision to Order Reinstatement of Illinois “Lights” Judgment

“The law does not allow the Fifth District to reopen a decision by the Illinois Supreme Court based on speculation about the possible impact of subsequent events on the higher court’s ruling,” Garnick stated.
Altria Group, Inc.
added Apr 30, 2014 11:33

[Illinois] SHARON PRICE and MICHAEL FRUTH, Individually and on Behalf of All Others Similarly Situated v. PHILIP MORRIS, INCORPORATED, Defendant-Appellee (PDF)

Although it is true that the court may well have reversed the judgment on other grounds, it would not have done so without considering the merits of those issues. We find that granting relief from judgment has the effect of reinstating the proceedings wit
Illinois Courts
added Apr 30, 2014 11:25

FORM 10-Q: Overview of Altria Group, Inc. and/or PM USA Tobacco-Related Litigation

Plaintiffs’ theories of recovery and the defenses raised in pending smoking and health, health care cost recovery and “Lights/Ultra Lights” cases are discussed below. The table below lists the number of certain tobacco-related cases pending in the United
Altria Group, Inc.
added Apr 30, 2014 12:08

[Illinois] EDITORIAL: For Tillery, no end in sight

What’s the secret to the amazing staying power of Tillery’s thirteen-year-old suit against Philip Morris (for allegedly misleading the public about the relative health benefits of light and low-tar cigarettes)? ... For the time being then, the case remain
Madison County (IL) Record
added Mar 9, 2013 11:17
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