In a severe blow to the federal government’s wretched racketeering lawsuit against major tobacco companies, a panel of the D.C. Circuit, split 2-1 along ideological lines, has held that the Justice Department can’t seek disgorgement penalties of $280 billion against the companies. (AP/Forbes; Fox News). For our commentaries on this bipartisan disgrace of a lawsuit, see Sept. 21 and links from there, as well as Sept. 24. Reactions: Competitive Enterprise Institute, Mike DeBow, Anthony Sebok.
Appeals panel rejects tobacco disgorgement
In a severe blow to the federal government’s wretched racketeering lawsuit against major tobacco companies, a panel of the D.C. Circuit, split 2-1 along ideological lines, has held that the Justice Department can’t seek disgorgement penalties of $280 billion against the companies. (AP/Forbes; Fox News). For our commentaries on this bipartisan disgrace of a lawsuit, […]
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