Monday, June 11, 2007

US top court rules against Philip Morris

(Reuters) - WASHINGTON, June 11 - The U.S. Supreme Court ruled on Monday that a class-action lawsuit against Philip Morris USA, a unit of Altria Group Inc., 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.


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