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NEW YORK The Illinois Supreme Court handed Altria Group’s Philip Morris USA a significant victory today, overturning a lower court ruling that the tobacco company had misled smokers about the health risks of so-called “light” cigarettes.
The original decision said the company had “intended to deceive consumers” into thinking that its Cambridge Light and Marlboro Light cigarettes were somehow less harmful than regular cigarettes.
A Madison County, Ill., court in March 2003 ordered the company to pay more than $10 billion—$5 billion in compensatory damages, $3 billion in punitive damages and $2.1
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