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Headlines Tagged with Vector 507 headlines found

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[Florida] Liggett Reaches $110M Deal To End Most Engle Smoker Suits ($$)

Under the terms of the deal, Liggett parent company Vector Group Ltd. will cough up a lump sum of about $61 million and pay an additional $49 million over the next 15 years. In return, more than 4,900 individual plaintiffs who were part of the erstwhile
Law360
added Oct 24, 2013 03:29
248 Views

Vector Group and Liggett Group Reach Comprehensive Settlement on Engle Tobacco Litigation in Florida (NYSE:VGR)

Resolves Thousands of Lawsuits, Largest Group of Legal Cases Against Company Company Will Incur After-Tax Charge of $53 Million in Third Quarter 2013
Vector Group LTD
added Oct 24, 2013 03:27
173 Views

Liggett Group to pay $110 million in tobacco settlement

announced Wednesday that it would pay $110 million to settle thousands of Florida lawsuits accusing the tobacco company of concealing the dangers of smoking cigarettes. The out-of-court settlement will resolve nearly 4,900 of the 5,300 lawsuits pending i
Reuters
added Oct 24, 2013 03:11
79 Views

BRIEF-Vector Group says company and its subsidiary reached an agreement resolving 124 Engle Progeny tobacco litigation cases pending in Florida

* Vector Group Ltd - expects to incur an after-tax charge of about $11 million in Q4 of 2016 related to settlement agreement-sec filing * Says upon dismissal of settled cases, company and liggett will be defendants in approximately 125 state court Engle
Reuters
added Dec 9, 2016 04:46
79 Views

[Florida] Vector Group Management Discusses Q1 2013 Results - Earnings Call Transcript

The Engle progeny cases remained a primary focus of our litigation activity, with 4,523 cases currently pending in both federal and state court. Although we and the other industry defendants continue to believe that the Engle process is materially flawed
Seeking Alpha blog network
added May 13, 2013 04:14
55 Views

[Florida] FORM 8-K CURRENT REPORT: VECTOR GROUP LTD.

On December 7, 2016 Vector Group Ltd. and its Liggett Group tobacco subsidiary reached an agreement resolving 124 Engle progeny tobacco litigation cases pending...plaintiffs are dismissing their claims, with prejudice, against the Company and Liggett.
Securities and Exchange Commission (SEC)
added Dec 9, 2016 04:52
46 Views

STATEMENT OF RONALD J. BERNSTEIN PRESIDENT AND CEO OF LIGGETT VECTOR BRANDS LLC BEFORE THE UNITED STATES SENATE COMMITTEE ON FINANCE

the renegade tobacco industry has also re-labeled “little cigars” as “filtered cigars” while making minimal changes to the weight of the product. This has created another tax dodge that has cost the federal government close to $900 million. Together wi
U.S. Senate Committee on Finance
added Jul 29, 2014 12:18
33 Views

Vector Group Declares Quarterly Cash Dividend

regular quarterly cash dividend on its common stock of $0.40 per share. The quarterly cash dividend will be payable on December 30, 2014 to holders of record as of December 12, 2014.
Business Wire
added Dec 1, 2014 18:32
27 Views

[California] Tobacco fueled ads helped tobacco foe Waxman win reelection

in late September the tobacco manufacturer the Liggett Group and several company executives, including the CEO, contributed more than $33,000 to a pop-up super PAC that would go on to help the candidacy of just one candidate: Rep. Henry Waxman, arguably t
Sunlight Foundation
added Nov 15, 2012 10:40
20 Views

Vector Group Subsidiary to Launch ZOOM Premium E-Cigarettes Nationwide

its ZOOM electronic cigarette brand nationwide beginning in January of 2014. Zoom’s first product, a superior disposable, non-rechargeable line, will be the Company’s first e-cigarette and sales and distribution of the brand will be managed by Liggett Vec
Business Wire
added Dec 2, 2013 15:06
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