Word: liggett
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Dates: during 1990-1999
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...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...
...would have predicted such a swift outcome back in March, when this all began with the obvious but startling admission by one of the smallest tobacco companies, Liggett Group, that cigarettes are addictive and have been pointedly marketed at kids for years. The confession signaled the first real break from the industry's see-no-evil posture. Reportedly, the event prompted North Carolina Governor James Hunt to call his friend Bill Clinton. The White House then got in touch with Mississippi's Moore to ask if talks with the industry might prove productive...
...Liggett Group, smallest of the U.S.'s Big Five cigarette makers, broke ranks in March and conceded not only that tobacco is addictive but also that the company has known it all along. While RJR Nabisco and the others continue to battle in the courts--insisting that smokers are not hooked, just exercising free choice--their denials ring increasingly hollow in the face of the growing weight of evidence. Over the past year, several scientific groups have made the case that in dopamine-rich areas of the brain, nicotine behaves remarkably like cocaine. And late last week a federal judge...
...landmark talks began shortly after the tiny Liggett Group struck a separate deal with 22 state attorneys general last month, breaking ranks and opening the way for the tobacco industry to put the legal onslaught--and $600 million in annual legal fees--behind it. "These cases were a gun to their heads," says John Coale, lead counsel for a coalition representing 60 law firms suing tobacco companies, who has been participating in the talks. "Now the industry has to prove its good faith...