January 24, 2004

Israeli Class Action Suit Sought Against Philip Morris

A petition for a class action suit was filed in the Tel Aviv District Court today against cigarette maker Altria Group (formerly Philip Morris) (NYSE:MO) and Philip Morris importer Menashe H. Elisar. The petitioners allege that the companies misled 200,000 buyers of light (low nicotine) cigarettes over the past seven years. Posted by Editor at January 24, 2004 05:10 PM