Court orders RJR to pay $23.6bn

By Doug Newhouse |

A Florida court has ruled that the RJ Reynolds Tobacco Company must pay $23.6bn to a smoker’s wife after he died of lung cancer.The tobacco company was also ordered to pay an additional $16.8m in compensation to Cynthia Robinson who first filed her action back in 2008 after her husband died in 1996.RJ Reynold’s Assistant General Counsel Jeffery Raborn has since released a statement, confirming that the tobacco company will mount an appeal against the verdict which ’goes far beyond the realm of reasonableness and fairness, and is completely inconsistent with the evidence presented’, he said.

Middle East

JEDCO launches multi-category tenders at KAIA T1

Jeddah Airports Company (JEDCO KSA) has issued a request for proposals for several...

International

TR Consumer Forum 2024: Ticket sales now open

TRBusiness is thrilled to announce that you can now book your tickets to the TR Consumer Forum...

International

Alcohol insights: Conversion up, spend down in Q4

Conversion of visitors in the alcohol category in duty free has risen to 54% in Q4 2023,...

image description

In the Magazine

TRBusiness Magazine is free to access. Read the latest issue now.

E-mail this link to a friend