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Latest Liggett Group Stories

2006-08-17 16:36:03

By Peter Kaplan WASHINGTON (Reuters) - A federal judge on Thursday ruled that cigarette makers were liable for a decades-long conspiracy to hide the dangers of smoking but declined to impose financial penalties on the industry. U.S. District Judge Gladys Kessler found that the government had proved its case that accused cigarette makers of a decades-long conspiracy to hide the dangers of smoking. But Kessler said a previous ruling by an appeals court prevented her from slapping the...

2006-08-17 16:12:27

WASHINGTON (Reuters) - A federal judge on Thursday ruled that cigarette makers were liable for a decades-long conspiracy to hide the dangers of smoking. But the judge declined to impose major monetary penalties on tobacco companies, such as funding a large anti-smoking campaign, as the government had sought. Targeted in the 1999 lawsuit were Altria Group Inc. and its Philip Morris USA unit; Loews Corp.'s Lorillard Tobacco unit, which has a tracking stock, Carolina Group; Vector Group...

2006-08-17 13:46:17

By Peter Kaplan WASHINGTON (Reuters) - A federal judge will hand down her ruling on Thursday in a government lawsuit that accuses cigarette makers of a decades-long conspiracy to hide the dangers of smoking. U.S. District Judge Gladys Kessler will issue a ruling at 4:30 p.m. EDT, on whether the tobacco companies are liable for violating racketeering laws, a court official said. If the judge rules against the companies, she also could decide what remedies to impose on them. Targeted...

2006-08-17 13:18:40

WASHINGTON (Reuters) - A federal judge will hand down her ruling on Thursday in a long-running government case that accuses cigarette makers of a decades-long conspiracy to hide the dangers of smoking. U.S. District Judge Gladys Kessler will issue the ruling at 4:30 p.m. EDT (2030 GMT), a court official said. Targeted in the 1999 lawsuit were Altria Group Inc. and its Philip Morris USA unit; Loews Corp.'s Lorillard Tobacco unit, which has a tracking stock, Carolina Group; Vector...

2005-11-30 21:15:44

By Peter Kaplan WASHINGTON (Reuters) - The architect of the government's racketeering case against cigarette makers said on Wednesday that she had resigned at a time when the Justice Department is scaling back the legal team devoted to the case. Justice Department lawyer Sharon Eubanks said she was voluntarily resigning after 22 years at the department. The decision comes as the department awaits a ruling in the landmark case. "The political appointees to whom I report made that an...

2005-11-16 15:48:18

By Brad Dorfman CHICAGO (Reuters) - A federal judge in New York likely will not rule until 2006 on whether a case that would let smokers sue the tobacco industry over the promotion of "light" cigarettes can move forward as a class action, attorneys said on Wednesday. U.S. District Judge Jack Weinstein issued a ruling earlier this week that paves the way for him to make that decision. In the case, tobacco companies are accused of conspiring to defraud consumers into thinking that...

2005-10-17 12:19:17

By Peter Kaplan WASHINGTON (Reuters) - The U.S. Supreme Court on Monday handed cigarette makers a victory, rejecting a Justice Department appeal aimed at allowing a potential $280 billion penalty in the government's landmark racketeering case against the industry. Without comment, the justices denied the request to review a U.S. appeals court ruling that barred the government from seeking $280 billion in past tobacco profits as a legal remedy for decades of alleged fraud by the...

2005-10-17 09:19:11

WASHINGTON (Reuters) - The U.S. Supreme Court rejected on Monday the government's appeal aimed at reinstating a potential $280 billion penalty in its landmark racketeering case against cigarette makers. Without comment, the justices denied a request by the Justice Department to review a U.S. appeals court ruling that barred the government from seeking $280 billion in past tobacco profits as a legal remedy for decades of alleged fraud by the tobacco industry. Targeted in the lawsuit...

2005-10-17 09:17:01

WASHINGTON (Reuters) - The U.S. Supreme Court rejected on Monday the government's appeal aimed at reinstating a potential $280 billion penalty in its landmark racketeering case against cigarette makers. Without comment, the justices denied a request by the Justice Department to review a U.S. appeals court ruling that barred the government from seeking $280 billion in past tobacco profits as a legal remedy for decades of alleged fraud by the tobacco industry. Targeted in the lawsuit...

2005-09-29 15:48:46

WASHINGTON (Reuters) - The U.S. Supreme Court is scheduled to consider at an October 14 conference whether to hear the government's appeal to reinstate a potential $280 billion penalty against cigarette makers, according to a posting on the court's Web site Thursday. The U.S. Court of Appeals for the District of Columbia Circuit in February barred the government from seeking past tobacco profits as a legal remedy for decades of alleged fraud by the tobacco industry. The decision...


Word of the Day
siliqua
  • A Roman unit of weight, 1⁄1728 of a pound.
  • A weight of four grains used in weighing gold and precious stones; a carat.
  • In anatomy, a formation suggesting a husk or pod.
  • The lowest unit in the Roman coinage, the twenty-fourth part of a solidus.
  • A coin of base silver of the Gothic and Lombard kings of Italy.
'Siliqua' comes from a Latin word meaning 'a pod.'
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