Illinois High Court Reverses Ruling Reinstating $10.1 Billion Tobacco Verdict

(November 9, 2015, 2:08 PM EST) -- SPRINGFIELD, Ill. — The Supreme Court of Illinois on Nov. 4 reversed an appeals court ruling reinstating a $10.1 billion consumer fraud verdict stemming from Philip Morris USA Inc.'s marketing of "light" cigarettes (Sharon Price, et al. v. Philip Morris Inc., No. 117687, Ill. Sup.; 2015 Ill. LEXIS 1265).

(Opinion available. Document #04-151118-006Z.)

Light Cigarettes

In February 2000, Sharon Price and Michael Fruth, as individuals and on behalf of a class of similarly situated individuals, sued Philip Morris Inc. in the Madison County, Ill., Circuit Court,...
To view the full article, register now.