Tobacco Settlement Update
Tobacco Class Action Settlement Update as of February 1st, 2019
On October 31, 2018, a 3 judge panel of the United States Court of Appeals for the Fourth Circuit heard oral arguments in Richmond, Virginia on the appeal taken by objectors to the settlement in this case.
The arguments of Class Counsel and Counsel for U.S. Tobacco focused upon the fairness, reasonable and adequacy of the settlement, and why the objectors had failed to show any reason why it should not have been approved.
No Opinion has been issued in the case
The tobacco class action settlement cannot move forward until this appeal is resolved. We are hopeful that an opinion will be issued in the First Quarter of 2019 and will be posted immediately upon its receipt.
Shipman & Wright will continue to pass along updates as they become available.