ADVFN - Advanced Financial Network.
HOME» NYSE » A » MO Stock Price » MO Stock News

Altria Share News

 Altria Grp. Stock Price
MO Stock Price
 Altria Grp. Stock Chart
MO Stock Chart
 Altria Grp. Stock News
MO Stock News
 Altria Grp. Company Information
MO Company Information
 Altria Grp. Stock Trades
MO Stock Trades

Florida Court Overturns 2009 Verdict In Suit Against Philip Morris USA

DOW JONES NEWSWIRES A Florida appellate court overturned a 2009 verdict against Altria Group Inc.'s (MO) Philip Morris USA unit that had awarded just under $2 million to a Florida man who said his 73-year-old wife died of lung cancer. The appellate court found that the trial court erroneously refused to hold that a statute of limitations barred the claim. The lawsuit by Leon Barbanell drew on findings from the 1994 Engle class-action case. The Florida Supreme Court decertified the Engle class action status in 2006 but allowed former class action members to file individual suits and rely on general findings. At the time, the plaintiff law firm acknowledged the jury found Shirley Barbanell mostly responsible for her death but said the cigarette maker was more than a third responsible and awarded damages. "This is an important decision that could impact many of the claims being brought in the Engle cases in Florida," said Murray Garnick, Altria client services senior vice president and associate general counsel. ""We believe this ruling will bar other Engle progeny claims." Garnick also said it was important that the court reaffirmed the four-year statute of limitations begins to run on the smoker when he knew or should have known that he was injured by smoking cigarettes. Recently Philip Morris USA said it had won or received mistrials in approximately two-thirds of its Engle cases to go to trial since the beginning of 2011. Altria Group shares were up 8 cents at $29.70 in recent trading. The stock has risen 20% in the past year. -By Tess Stynes, Dow Jones Newswires; 212-416-2481; Tess.Stynes@dowjones.com

Stock News for Altria (MO)
DateTimeHeadline
12/06/201608:00:00Altria’s Statement on Philip Morris International’s MRTP App...
12/02/201615:36:19Statement of Changes in Beneficial Ownership (4)
11/14/201619:40:00Reynolds Wants More After Rejecting BAT's Initial Takeover Bid
11/02/201610:33:31Statement of Changes in Beneficial Ownership (4)
10/27/201610:09:14Quarterly Report (10-q)
10/27/201608:30:00Altria Results Top Views
10/27/201608:20:00Altria Results Narrowly Top Views
10/27/201607:06:40Current Report Filing (8-k)
10/27/201607:00:00Altria Reports 2016 Third-Quarter and Nine-Month Results; Reaffirms...
10/21/201617:10:20Current Report Filing (8-k)
10/21/201616:55:00Altria Announces Increased Ownership of Anheuser-Busch InBev
10/19/201609:20:00Reynolds American CEO to Leave Role at Year's End
10/13/201610:30:00Altria to Host Webcast of 2016 Third-Quarter Results
10/12/201603:08:00Altria Faces Lower Beer Stake -- WSJ
10/11/201616:30:00Altria Gets 2 Seats on AB InBev Board After Deal Closes -- Update
10/11/201610:10:00As Anheuser-Busch, SABMiller Deal Closes, Altria Details Impact
10/11/201609:45:00As Anheuser-Busch, SABMiller Deal Closes, Altria Details Impact
10/11/201608:32:38Current Report Filing (8-k)
10/11/201608:15:00Altria Becomes Significant Shareholder in Anheuser-Busch InBev;...
10/04/201616:00:37Statement of Changes in Beneficial Ownership (4)

Altria and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US