Arbitrators rule against tobacco companies in N.Y. case

09/12/2013 | Post-Journal (Jamestown, N.Y.), The

Arbitrators ruled against big tobacco companies, ruling in favor of New York state in a fight over money from a multistate settlement. Major tobacco companies had argued that the state owed them a portion of a one-year, $800 million settlement, but arbitrators instead ruled that the companies owed New York more than $92 million from payments not issued in 2003.

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Post-Journal (Jamestown, N.Y.), The

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