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Headlines Tagged with Settlements 14,778 headlines found

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[Canada] Six Nations cigarette maker sued in California

Becerra is seeking the unpaid escrow, civil penalties, legal costs and a court order to stop GRE from selling cigarettes, either directly or through an intermediary, to consumers in California until it has paid what it allegedly owes and proves it is in c
Hamilton (Ont) Spectator (ca)
added Jul 25, 2017 15:04
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Reynolds American's merger and a massive fine could snare tobacco muni bonds

A stream of news out of the tobacco industry has failed to derail prices on municipal bonds backed by cigarette makers. But muni bond analysts warn that investors could get caught in the middle as the big players in the tobacco industry shift.
MarketWatch (Wall St. Journal)
added Jul 22, 2014 13:12
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[North Carolina] Tobacco bonds may face accelerated defaults

But as tobacco shipments decline, so does the amount of MSA payments. Makers of e-cigs and vapor cigarettes are not subject currently to the MSA, so as smokers switch to those products, cigarette shipments and payments decline further. That trend led Moo
Winston-Salem (NC) Journal
added Jun 30, 2014 08:27
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[Kentucky] EDITORIAL: Big Tobacco adds insult to injury; Ky. at risk of losing settlement payments

After addicting our children, shortening our lives, making puppets of our politicians and using generations of Kentucky farmers, Big Tobacco has another insult in store for the state that suffers the nation's highest rates of smoking and cancer.
Lexington (KY) Herald-Leader
added Mar 11, 2014 01:10
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U.S. cigarette makers lose disputes with nine states in tobacco deal

The tobacco companies argued that at least 15 states had failed to diligently collect escrow payments from manufacturers that did not sign the 1998 agreement. That failure entitled participating manufacturers to lower payments.
Reuters
added Sep 12, 2013 09:20
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[North Carolina] Letter: Tobacco

The settlement dollars went up in smoke years ago and smokers will put their dollars up in smoke to pay for the whole mess for years to come. The silliness of this whole scenario is obvious.
New Bern (NC) Sun-Journal
added Jun 28, 2013 14:16
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[Mississippi] Man pleads guilty in contraband cigarette case

North Carolina man has pleaded guilty . . . Court documents accuse Phelps falsifying documents showing the cigarettes were exported overseas to avoid paying fees related to the Master Settlement Agreement.
WTVA (Tupelo, MS)
added Jun 16, 2012 07:55
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EDITORIAL: Smoking in Florida: Progress Made, More Needed

Through the state's pioneering educational efforts, our teens are more aware of smoking's risks, and can be spared what happened to Richard Boatright...With a big budget surplus in hand, Gov. Rick Scott and the Legislature should give some serious thought
Lakeland (FL) Ledger
added Jan 3, 2015 12:40
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Behind New Jersey’s Tobacco Bond Bailout, A Hedge Fund’s $100 Million Payday

When New Jersey decided to bail out some of its tobacco bonds, the state gave up $400 million in future revenues to pocket $92 million immediately, an arrangement that also helped one savvy investor cash in on a big bet.
ProPublica
added Dec 30, 2014 23:00
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15 Years Later, Where Did All The Cigarette Money Go?

has paid more than $100 billion to state governments ... The settlement left the tobacco industry immune from future state and federal suits, but the agreement said nothing about how states had to spend the money. ... Moore remembers it was a long slog.
National Public Radio (NPR)
added Oct 14, 2013 06:16
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