DAMAGES BACKDATES
April 1st, 2004
BY MONICA DOBIE
A FEDERAL judge has ruled that the US Justice Department can backdate claims for damages from cigarette companies before 1970. Tobacco firms had argued that the government should not use a 1970 racketeering statute to recover industry profits earned before the law was in place.
A FEDERAL judge has ruled that the US Justice Department can backdate claims for damages from cigarette companies before 1970. Tobacco firms had argued that the government should not use a 1970 racketeering statute to recover industry profits earned before the law was in place.
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