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To: Innovative

Actually, that amount was a combined total for the two large tobacco companies. R. J. Reynolds alone has a net worth $5.3 billion. So the jury awarded the plaintiff 4x what the company is worth.


7 posted on 07/19/2014 11:41:48 PM PDT by South40 (Hillary Clinton was a "great secretary of state". - Texas Governor Rick Perry)
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To: South40
Here is the current total stock market value for the three largest USA tobacco companies:

Altria (formerly Philip Morris) - $84 billion

Lorillard - $22 billion

Reynolds - $31 billion

20 posted on 07/20/2014 12:17:19 AM PDT by zeestephen
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To: South40

If I’m not mistaken, this award can be appealed. I could be wrong, so if anyone on here is a legal beagle - please inform us.


21 posted on 07/20/2014 12:40:39 AM PDT by Catsrus (A)
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