Tobacco Companies Outline Their Defense in RICO Suit

Vadum, Matthew
September 2004
Bond Buyer;9/23/2004, Vol. 349 Issue 31975, p1
Trade Publication
Focuses on the statement of the co-counsel for the defense of tobacco companies in the civil action suit filed by the government under the Racketeer Influenced and Corrupt Organizations Act in the U.S. Allegations of the government that the defendant tobacco companies withheld evidence about the dangers of tobacco use from 1945 to 2001; Argument of the plaintiff on the need for the industry to give back profits as a penalty; Impact of the case on the municipal bond market.


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