big tobacco lawsuit 1998 This Day in History: November 20, State Tobacco Litigation $260B Settlement

State Tobacco Litigation $260B Settlement Big Tobacco finally tells the truth in court ordered ad campaign In April 1994, executives from major tobacco companies testified before the United States Congress claiming nicotine was not addictive. Internal documents later revealed the industry had known about nicotine's addictive effects for Mike Moore State Bonds Backed by Tobacco Payments in Jeopardy of Default The New York Times Broke state governments may owe $5.2 billion to big tobacco companies Center for Public Integrity

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