Appellate Court Vacates Philip Morris Verdict

Summary


PORTLAND, Ore. (AP) -- A landmark $150 million jury verdict against Philip Morris was vacated Wednesday by an appeals court, which ordered a new trial to reconsider damages against the tobacco manufacturer after a trial judge ruled the amount was excessive.

The March 2002 verdict, later reduced to $100 million, was the first such award in the nation based on claims that low-tar cigarettes led smokers to believe they were less dangerous than regular cigarettes.

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Appellate Court Vacates Philip Morris Verdict

A jury ordered Ph...

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