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R J Reynolds Co

BUSINESS
February 13, 2003 | From Bloomberg News
Philip Morris USA, R.J. Reynolds Tobacco Co. and other cigarette makers were spared the risk of billions of dollars in damages after a judge rejected a class-action lawsuit on behalf of underage smokers. U.S. District Judge Gladys Kessler ruled that the claims on behalf of millions of young smokers were too diverse to be tried collectively. Lawyers Johnnie L. Cochran Jr. and Michael Hausfeld filed the suit in 2001 accusing tobacco firms of conspiring to market their products to minors.
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BUSINESS
April 11, 1994 | Associated Press
The British Knights Inc. shoe company is offering teen-agers free athletic shoes if they turn in clothing bearing the image of Joe Camel, the R.J. Reynolds Tobacco Co.'s pitch 'toon. The company calls the move a symbolic gesture. "Joe Camel . . . is trying to increase smoking in our target market," said Larry Schwartz, the company's executive vice president.
BUSINESS
October 16, 2004 | From Bloomberg News
R.J. Reynolds Tobacco Co. won an antitrust lawsuit brought by a discount cigarette retailer that sought more than $60 million in damages. An eight-person federal jury ruled that R.J. Reynolds didn't violate antitrust rules. Cigarettes Cheaper, based in Benicia, Calif., claimed the company hurt its business by not including it in discounts and two-for-one deals on Reynolds products. A Cigarettes Cheaper spokesman said the retailer planned to appeal the ruling.
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