Wisconsin Law Firms Settle With The Tobacco Industry
Tobacco companies agreed last Friday to pay $75 million over the
next five years to the three private law firms that represented
Wisconsin in the state's lawsuit against cigarette
manufacturers.
The law firms were seeking $175 million over the
next 30-40 years.
Under the terms of the multi-state
settlement, the tobacco companies agree to pay the state's
attorneys' fees out of a separate fund. "This agreement will
have no effect on how much money the state will receive.
None of this money will come from the taxpayers," said Wisconsin
Attorney General James Doyle.
Source:
Milwaukee Journal-Sentinel, (6/22/99) "Attorneys settle on tobacco pay," Richard P. Jones,
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