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...Rolling litigation against cigarette makers from the early 1980s onwards led to payouts and culminated in the 2000 master settlement in which four tobacco companies paid out $206bn to 46 states for suppressing...
...Additional reporting from Brooke Masters in New York and Stefania Palma in Washington...
...brooke.masters@ft.com Follow Brooke Masters with myFT and on Twitter...
...The US law professor who masterminded the litigation strategy that led to a $206bn settlement from Big Tobacco is backing a class-action lawsuit against sports betting operator DraftKings over an “unfair...
...Between March 2020 and July 2023, the bank allegedly asked retail clients on a regular basis to sign confidential release agreements if they had received credit or settlement of more than $1,000....
...Companies in long-term run-off sectors such as oil or tobacco face a stark strategic choice....
...brooke.masters@ft.com Follow Brooke Masters with myFT and on X...
...The case ended in 2017 with a $671mn settlement for about 3,500 plaintiffs....
...2020 settlement....
...In 2018, he agreed a settlement with the agency after being charged with securities fraud linked to a post on Twitter saying he was “considering taking Tesla private at $420. Funding secured.”...
...The shorter settlement timeframe is known in industry jargon as T+1....
...brooke.masters@ft.com...
...The firm has already struck a £193mn settlement with Volkswagen over claims it misled consumers about nitrogen oxide emissions from its diesel cars....
...plan to build a permanent lunar settlement for the ESA....
...The NY dream team of Harriet Clarfelt and Brooke Masters report on the extraordinary shutdown of $220bn (!)...
...For now, Zuma, a master tactician who shook off a stream of corruption allegations during his nine years as president, is not only peeling away votes, but also exposing rifts within his former party that...
...British American Tobacco is to pay $635mn to the US Department of Justice after entering a guilty plea on Tuesday over historic violations of US sanctions on North Korea....
...British American Tobacco has agreed to pay a $635mn penalty to US authorities after a subsidiary on Tuesday pleaded guilty to charges that it violated US sanctions on North Korea, in the largest settlement...
...While there are some public courses, “these people look at themselves as masters of the universe, and that is not going to be good enough for them”....
...Bowles said at the time of the settlement that the cigarette maker “deeply [regretted] the misconduct arising from historical business activities”....
...Demand from overseas for the coming academic year is already plummeting at the postgraduate level following changes announced last May: these included stopping most masters students from bringing dependants...
...brooke.masters@ft.com Follow Brooke Masters with myFT and on social media Letter in response to this article: Brussels patent revamp imperils Europe’s mobile industry / From Liren Chen, President and...
...He said it was typical of tobacco companies’ “appetite for risk to drive profits”....
...Over the long run, BofA’s analysts think that the total settlement size related to PFAS clean-up and exposure could end up in the “Big Tobacco” range (again, apologies for hard-to-read text): And when it...
...“There were no manuals or ledgers: the master craftsmen wrote their notes straight on to these wooden ‘tracks’,” says Manolis, showing me how curved moulds are adjusted to shape the vessel’s ribs....
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