Liggett Group Agrees to Help Fund Antismoking Program
At a glance:
- Series: Great Events: 1900-2001
- Categories: Medicine, Health, Economics, Law, Legal History, Courts
- Subcategories: Business, Court Cases, Rulings, Appeals
- Curriculum: American History 1951-present
- Geographical Location: Louisiana
- Date: March 13, 1996
Article abstract: Liggett breaks rank with other tobacco manufacturers and settles a class action lawsuit. It promises to pay 5 percent of its profits for a quarter of a century to help end smoking.
A Landmark Settlement
The Liggett Group, the smallest of the five major tobacco companies, broke ranks with the other members of the industry also named as defendants and reached a settlement in a class-action lawsuit brought by millions of smokers or former smokers who claimed to be addicted to nicotine. Among the terms of the agreement, announced on March...
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