A Breach In The Walls Of Fortress Tobacco

Will settling Liggett's lawsuits clear a path for RJR's breakup?

In times of crisis, the weakest link always is the most dangerous. In the $45 billion tobacco industry, the weak link is Liggett Group, a gnat of a cigarette company run by renegade Florida investor Bennett S. LeBow. On Mar. 13, Liggett broke ranks in outrageous fashion, announcing that it has settled an enormous class action and that it is close to an agreement on anti-tobacco lawsuits brought by four states.

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