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The Fortnight

SMOKY DEAL

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Apr 30, 1996 | From the print edition

In a significant move,
five states in the us agreed last
month to end state suits against the
LiggettGroup, a tobacco firm. The
states had filed a lawsuit against
the company to recover some of the
millions of dollars in Medicaid
expenses that each pays out for
treating tobacco-related illnesses.
Maryland, Texas and 14 other states
are in the process of preparing
their own suits. A percentage (2.5)
of the company's annual pretax
profits will be distributed among
the five states: Florida, Mississippi,
West Virginia, Louisiana and
Massa,husettsand another five per
cent will be distributed among all
other states.

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