Word: liggett
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...campaign to eliminate their use, we should work with our elected officials to create legislation that would mandate severe punishment for anyone who causes an accident while driving and using a cell phone. No phone call is so important that a person must jeopardize the safety of others. DAVID LIGGETT San Dimas, Calif...
Even in this age of runaway jury verdicts, the punitive-damage awards that rang out in a hushed Miami courtroom last Friday were impressive. Against Philip Morris--$73.96 billion; R.J. Reynolds--$36.28 billion; Brown & Williamson--$17.59 billion; Lorillard--$16.25 million; Vector Group (owner of Liggett)--$790 million. By the time Circuit Court Judge Robert Kaye reached the bottom of the verdict sheet, the total had climbed to $144.8 billion. "A lot of zeros," the judge observed dryly...
...sick smokers. The jury (who, in the judge's words, "will all be forgiven if they never want to serve on a jury again") had already decided the companies create a "defective and dangerous" product, and awarded $12.7 million in compensatory damages to three sick smokers. And Philip Morris, Liggett, et al. would have been more than happy to see the case end there. Unfortunately for them, there are a lot of sick and dying smokers out there, and the majority of Americans are not particularly sympathetic to cries of distress from fat cat CEOs who make a living selling...
...Tardiest Admission Thirty-three years after the Surgeon General first issued his warning, a cigarette company admitted that smoking causes cancer. As part of a legal settlement, the comparatively small Liggett Group also conceded that tobacco companies have aimed pitches at teenagers--a charge its bigger brethren still deny...
MIAMI: Bennett LeBow has coughed up another one of tobacco's dirty little secrets. The owner of the Liggett Group (Chesterfields, L&M, Lark, Eve), who was the first industry leader to admit to tobacco's ills when he crossed the party line in March, says he had been thinking about going public for years, and that $10 million a year from big brother Philip Morris helped keep him quiet. In 1995, with tobacco companies embroiled in a massive suit with state attorneys general, Philip Morris came knocking on the door of his financially troubled company. The larger firm said...