Rare Decision in Federal Tobacco Case Has Little Effect on Bond Prices

Albanese, Elizabeth
June 2004
Bond Buyer;6/29/2004, Vol. 348 Issue 31915, p4
Trade Publication
Reports that U.S. tobacco bond prices remained steady during trading on June 28, 2004 following a federal judge's decision to allow an appellate court to review an earlier decision that would permit the federal government to sue tobacco companies. Share value of tobacco companies after the release of the decision; Efforts of the federal government to seek financial remedy from tobacco companies for allegedly colluding to mislead the public about the dangers associated with tobacco product use.


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