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L.a. Jury Awards $28 Billion in Punitive Damages Against Philip
Reuters ^ | 10/04/2002

Posted on 10/04/2002 10:47:39 AM PDT by rumrunner

Reuters Company News

L.a. Jury Awards $28 Billion in Punitive Damages Against Philip

Friday October 4, 1:40 pm ET

L.A. JURY AWARDS $28 BILLION IN PUNITIVE DAMAGES AGAINST PHILIP MORRIS (NYSE:MO - News)


TOPICS: Business/Economy
KEYWORDS: punitivedamages; smoking
MO part of the Dow which is tanking today.
1 posted on 10/04/2002 10:47:39 AM PDT by rumrunner
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To: rumrunner
MO is UP slightly!?
2 posted on 10/04/2002 10:56:22 AM PDT by 2banana
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To: 2banana
MO is UP slightly!?

I get NYSE quotes on 20-minute delay. MO 38.00 at 1:42 PM EDT, down 1.50.

3 posted on 10/04/2002 11:03:08 AM PDT by dighton
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4 posted on 10/04/2002 11:03:37 AM PDT by Mo1
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To: 2banana
37.70 at 1:45 PM EDT, down 1.80.
5 posted on 10/04/2002 11:06:24 AM PDT by dighton
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To: rumrunner
Makes you wonder what the jury is smoking.
6 posted on 10/04/2002 11:08:24 AM PDT by kennyo
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To: rumrunner
Anyone know who or what is the plaintiff in this case?
7 posted on 10/04/2002 11:10:48 AM PDT by mewzilla
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To: mewzilla
http://www.tobacco.neu.edu/newsletter/Bullock/Bullock_trial_background.htm
8 posted on 10/04/2002 11:19:39 AM PDT by kennyo
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To: rumrunner
Chart

I wonder what time the award was announced.........

9 posted on 10/04/2002 11:23:03 AM PDT by 1Old Pro
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To: rumrunner

10 posted on 10/04/2002 12:00:18 PM PDT by Constitutionalist Conservative
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To: Constitutionalist Conservative
The 64 year old woman claims that she was not informed of the dangers of smoking by Philip Morris.

I wonder what space ship she has been on the last 40 years as it is obvious that she must be blind, deaf, and stupid with no willpower. What a comment on the citizens of this country.

Claims like this are simply untrue and the stupidity of juries in making such awards is also a sign of the total lack of knowledge which exists in our society.

11 posted on 10/04/2002 12:04:19 PM PDT by rollin
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To: SheLion
ping
12 posted on 10/04/2002 12:07:23 PM PDT by facedown
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To: rollin
Claims like this are simply untrue and the stupidity of juries in making such awards is also a sign of the total lack of knowledge which exists in our society.

This is precisely the type of jury that is being sought by plaintiffs in the lawsuit against the fast food chains.

13 posted on 10/04/2002 12:52:05 PM PDT by Constitutionalist Conservative
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