Friday, May 02, 2014

SHOW-ME MONEY TO BURN: MISSOURI WINS $50 MILLION FROM BIG TOBACCO!!!



Big money victory for the AG Koster touted on his website (and in his campaign for Gov.) right now:

"AG Koster announces Missouri wins return of nearly $50 million in tobacco settlement case"

News today from a tobacco industry crackdown:

"Jefferson City, Mo. – Attorney General Chris Koster announced today that Judge Jimmie Edwards of the City of St. Louis Circuit Court has partially vacated a 2013 arbitration panel ruling that cost Missouri approximately $70 million from its annual tobacco settlement payment. Koster sent a copy of the ruling to PricewaterhouseCoopers, the independent auditor that calculates the states' tobacco payments, along with a letter demanding that Missouri's payment be revised to comply with the court's ruling.

"As a result of today's decision, Missouri should be paid nearly $50 million that the tobacco companies sought to withhold from our State," Koster said. "This money will provide needed support for state priorities like public education. I thank our dedicated team of attorneys, who have litigated this case for years to ensure that Missouri receives its fair share of the settlement money."

Developing . . .

4 Comments:

Anonymous said...

a real win would be generic packaging on cigarettes with pictures of cancer related diseases on the covers

Anonymous said...

Where did the first sum of money go? The State got all this money and still pleads poverty.

Anonymous said...

Iam sure it will be used for roads and infrastructure.

Anonymous said...

Money goes to the state then just seems to disappear.