Altria Group Inc (MO)

[EZ2]

MO ~~ Court Nixes Award Against Philip Morris
Tuesday February 20, 10:16 am ET
By Mark Sherman, Associated Press Writer
Supreme Court Throws Out $79.5 Million Award Against Philip Morris


WASHINGTON (AP) -- The Supreme Court threw out a $79.5 million punitive damages award to a smoker's widow Tuesday, a boon to businesses seeking stricter limits on big-dollar jury verdicts. The 5-4 ruling was a victory for Altria Group Inc.'s Philip Morris USA, which contested an Oregon Supreme Court decision upholding the verdict.