Vice Squad
Wednesday, April 20, 2005
 
Big Tobacco Remains Off the Hook for Past Profits
- posted by Jim Leitzel @ 11:35 AM

The long-term federal lawsuit against Big Tobacco took a big turn in favor of the cigarette manufacturers in early February, when a 3-judge federal appeals panel ruled that the government could not legitimately seek past profits of, oh, some $280 billion. The Department of Justice asked the full DC Circuit to reconsider the panel's decision. Today, that request was denied. The loyal Vice Squad reader will recall that there have been rumors of settlement talks since the February ruling.

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