The Supreme Court ruled Monday that the European Union can’t pursue a lawsuit accusing tobacco giant R.J Reynolds of taking part in a global money-laundering scheme that sponsored cigarette-smuggling in Europe. In a 4-3 ruling, the justices said the EU has no right to sue in U.S. courts because federal racketeering laws don’t allow recovery for injuries occurring outside the United States. The EU and 26 of its member states allege RJR coordinated the scheme with the help of Colombian and Russian criminal groups and laundered money through New York-based financial institutions. The EU claims the company’s actions hurt the...