Big Tobacco Approaches $24 Billion Settlement, Aiming to Resolve Canadian Lawsuits
Toronto, Canada – Tobacco giants are poised to finalize a colossal $24 billion agreement to resolve numerous lawsuits across Canada, which accused the companies of misleading the public about the health risks of smoking. This settlement, pending final approval, stands as one of the most significant in the Canadian legal history concerning public health and corporate accountability. The deal involves three major international tobacco companies – Philip Morris International, British American Tobacco, and Japan Tobacco International. Collectively, they aim to end a long-standing legal battle by settling more than a dozen lawsuits filed by Canadian … Read more