Judge Grants Reynolds Tobacco the Right to Seek Immediate Review of Disgorgement Ruling in Department of Justice Lawsuit
June 25 2004 - 7:09PM
PR Newswire (US)
Judge Grants Reynolds Tobacco the Right to Seek Immediate Review of
Disgorgement Ruling in Department of Justice Lawsuit WINSTON-SALEM,
N.C., June 25 /PRNewswire-FirstCall/ -- U.S. District Court Judge
Gladys Kessler today granted R.J. Reynolds Tobacco Company and
other manufacturers the right to seek an immediate appeal of her
May 24 decision denying the companies' motion to dismiss the
disgorgement claim in the Department of Justice lawsuit. At issue
is the companies' argument that the law significantly limits the
scope of any potential disgorgement of profits. The companies will
ask the U.S. Court of Appeals for the District of Columbia to
review Judge Kessler's May ruling. "Reynolds Tobacco is pleased
that the district court has granted the motion and that we will
have the opportunity to present this issue to the court of
appeals," said Martin L. Holton III, vice president and assistant
general counsel for Reynolds Tobacco. "Judge Kessler's opinion
supports our belief that the issue warrants immediate review by the
court of appeals." R.J. Reynolds Tobacco Company (RJRT) is a wholly
owned subsidiary of R.J. Reynolds Tobacco Holdings, Inc.
(NYSE:RJR). R.J. Reynolds Tobacco Company is the second-largest
tobacco company in the United States, manufacturing about one of
every four cigarettes sold in the United States. Reynolds Tobacco's
product line includes four of the nation's 10 best-selling
cigarette brands: Camel, Winston, Salem and Doral. For more
information about RJRT, visit the company's Web site at
http://www.rjrt.com/ . DATASOURCE: R.J. Reynolds Tobacco Company
CONTACT: Seth Moskowitz of R.J. Reynolds Tobacco Company,
+1-336-741-7698 Web site: http://www.rjrt.com/
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