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Panel Affirms Verdict Against Philip Morris

From Bloomberg News

A California appeals court reaffirmed its decision that ordered Altria Group Inc.’s Philip Morris USA to pay $50 million to the family of a smoker who died of lung cancer.

In September, the California Court of Appeal in Los Angeles reduced a trial award to $50 million from $100 million. Both sides asked the court for a rehearing.

On Friday the court reiterated its decision, provided that Richard Boeken’s family agreed to accept the $50-million award. If it does not, the court ordered a new trial on punitive damages alone.

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Michael York, a spokesman for Philip Morris, said the company was reviewing the decision. The company may still appeal to the state Supreme Court.

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