January 02, 2024
The Second Circuit has denied a bid from Philip Morris International investors to revive their suit over e-cigarette sales, finding in an opinion that answered questions of first impression that a lower court was right to toss a proposed class action alleging the tobacco giant lied about sales and regulation efforts for its IQOS electronic device.
September 21, 2020
A New York federal judge on Monday shot down a request by Philip Morris International investors who had asked the court to reconsider its decision to toss a proposed class action that alleged the company lied about sales and regulation efforts for its flagship electronic cigarette.
February 04, 2020
A New York federal judge on Tuesday tossed a proposed class action that alleged Philip Morris International lied about sales and regulation efforts for its flagship electronic cigarette, finding that investors hadn't shown those statements were false and misleading.
September 11, 2019
Investors in Philip Morris International have told a New York federal judge they've more than adequately pled claims in their proposed class action that the company lied about sales and regulation efforts for its flagship electronic cigarette.
July 15, 2019
Philip Morris International asked a New York federal judge to dismiss claims that it misled investors about the sales of its flagship electronic cigarette and the device's likelihood of getting regulatory approval to be sold in the U.S.