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Tobacco settlement pays state $139M | North Carolina Lawyers Weekly

Tobacco settlement pays state $139M | North Carolina Lawyers Weekly
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Virginia Receives $123 Million from Tobacco Settlement

Attorney General Jason Miyares of Virginia announced today that the state has received a payment of $122.5 million from major tobacco companies as part of the Tobacco Master Settlement Agreement. The agreement, finalized in 1998, aimed to address violations of consumer protection laws and deceptive marketing practices by tobacco companies, which led to increased healthcare costs for the state.Over the years, Virginia has received a total of $3.3 billion in payments from the Master Settlement Agreement, with annual payments helping to offset healthcare expenses related to. ....

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