Thursday, May 1, 2014

Altria to appeal revived $10.1 bln 'light' cigarette verdict

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(Reuters) - An Illinois state appeals court has reinstated a $10.1 billion verdict against Philip Morris USA in a lawsuit accusing its Altria Group Inc unit of misleading consumers about the risks of smoking "light" cigarettes. Philip Morris USA said it will appeal immediately.

Tuesday's decision by the Fifth District Court of Appeals in Mount Vernon, Illinois, revives a 2003 judgment handed down by a state trial judge.

That judgment against the maker of Marlboro...

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