Altria Group Inc (MO)

[EZ2]

"gut shot" !!

U.S. top court rules against Philip Morris
Mon Jun 11, 2007 10:12 AM ET

WASHINGTON, June 11 (Reuters) - The U.S. Supreme Court ruled on Monday that a class-action lawsuit against Philip Morris USA, a unit of Altria Group Inc. <MO.N>, should not be decided in federal court, handing a defeat to the tobacco company.

The justices unanimously reversed a ruling that allowed Philip Morris to transfer the lawsuit to federal court from the Arkansas state court where it initially was filed.