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AG Hood announces $15 million tobacco...

AG Hood announces $15 million tobacco settlement

By: Magnolia Tribune - June 23, 2015

Attorney General: Tobacco corporation settles with the state of Mississippi for $15 million

R. J. Reynolds Tobacco Company (RJR) and Brown and Williamson Tobacco Corporation (B&W) has settled with the state of Mississippi for $15 million.

Brown and Williamson dodged paying the state of Mississippi properly by using a company called Star Tobacco to manufacture their cigarettes.

“Several years ago, we discovered that Brown and Williamson…failed to pay what they were required to pay us under the original 1997 tobacco settlement agreement,” explained Attorney General Jim Hood.

WJTV

6/22/15

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Magnolia Tribune

This article was produced by Magnolia Tribune staff.