Peace Talks In The Tobacco Wars?

State attorneys general are weighing a settlement plan that would regulate the industry, BUSINESS WEEK has learned

After months of preparation, powerful state attorneys general who have declared war on the tobacco industry are girding for battle in the courtroom. Mississippi Attorney General Michael Moore will deliver opening arguments this June in his suit against seven cigarette makers to recover hundreds of millions of dollars in state Medicaid costs for smoking-related illnesses. Copycat cases in Florida and Texas will begin in September, while Washington Attorney General Christine O. Gregoire has a court date in October. On Jan. 27, New York became the 19th state to sue the industry.

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