U.S. Court of Appeals Agrees to Expedited Review of Disgorgement Claim in Department of Justice Lawsuit Against Tobacco Manufacturers WINSTON-SALEM, N.C., July 15 /PRNewswire-FirstCall/ -- The U.S. Court of Appeals for the District of Columbia today agreed to an expedited review of a decision by District Court Judge Gladys Kessler denying a motion by R.J. Reynolds Tobacco Company and other tobacco manufacturers to dismiss the disgorgement claim in the Department of Justice lawsuit. The companies' brief is due to the court on July 23. The DOJ's response brief is due Aug. 24, and the companies' reply brief is due Aug. 31. "We believe that the law significantly limits the scope of any potential disgorgement of profits that the government can claim in this case, and we are pleased that the court of appeals has agreed to take this appeal," said Daniel W. Donahue, senior vice president and deputy general counsel for Reynolds Tobacco. 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/

Copyright

RJ Reynolds Tob (NYSE:RJR)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more RJ Reynolds Tob Charts.
RJ Reynolds Tob (NYSE:RJR)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more RJ Reynolds Tob Charts.