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. 

Comments are closed.

Product Safety News

Top Practice Areas

Philadelphia
Mesothelioma, Medical Malpractice, Birth Injury, Spinal Cord Injury, Failure to Diagnose Cancer, Cerebral Palsy, Brain Injury, Personal Injury, Car Accidents, Truck Accidents

New Jersey
Birth Injury, Medical Malpractice, Mesothelioma, Personal Injury, Car Accidents, Truck Accidents

Cohen, Placitella & Roth, P.C.

Archives