Altria to Settle Vast Majority of U.S. Juul-Related Litigation
10 Maio 2023 - 04:43PM
Dow Jones News
By Josh Beckerman
Altria Group said it has reached agreements to resolve the vast
majority of state and federal Juul-related litigation, encompassing
at least 6,000 cases, for $235 million.
"While we continue to believe the claims against us are
meritless, we believe this settlement avoids the uncertainty and
expense of a protracted legal process and is in the best interest
of our shareholders," Altria said.
The settlement doesn't apply to three cases brought by attorneys
general, 35 cases brought by Native American tribes, 17 antitrust
cases or three Canadian cases.
Altria expects a second-quarter pretax charge of $235
million.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
May 10, 2023 15:28 ET (19:28 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
Altria (NYSE:MO)
Gráfico Histórico do Ativo
De Fev 2024 até Mar 2024
Altria (NYSE:MO)
Gráfico Histórico do Ativo
De Mar 2023 até Mar 2024