Categorized | Civil Justice Update

Connecticut to receive $63 million in tobacco settlement.


The Stamford (CT) Advocate (6/1, Cummings, 12K) reported Connecticut Attorney General George Jepsen “announced last week that Connecticut and 21 other states have agreed to a partial settlement with Big Tobacco, resolving a 2006 dispute over payments under the 1998 tobacco settlement agreement.” This means that in additional to its usual annual payment, the state will receive another “$63 million worth of disputed payments by 2014. Also, $260 million in tobacco payments in future years are protected even if states do not prevail in ongoing litigation over tobacco sales between 2003 and 2014.” Connecticut has collected $1.8 billion from major tobacco companies since a landmark 1998 lawsuit. 

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