The Master Tobacco Settlement - 1998. From the 1950s to 1994, over 800 lawsuits were prosecuted against tobacco companies for fraud, violation of consumer protection statutes, negligent manufacture, and advertising.
Only two succeeded through trial; both reversed on appeal. The Master Tobacco Settlement - 1998. Master Settlement Agreement In 1998, the Attorneys General of 46 states signed the Master Settlement Agreement external icon (MSA) with the four largest tobacco companies (Phillip Morris, RJ Reynolds, Brown and Williamson, and Lorillard) in the United States to settle state suits to recover costs associated with treating smoking-related illnesses.
ALERT: The Master Settlement Agreement involves a 1998 settlement reached between the nation's four largest tobacco companies and attorneys general from 46 states and territories. Settlement Proceeds 16 (o) Dissolution of The Tobacco Institute, Inc., the Council for Tobacco Research-U.S.A., Inc. and the Center for Indoor Air Research, Inc. 17 (p) Regulation and Oversight of New Tobacco-Related Trade Associations 17 (q) Prohibition on Agreements to Suppress Research 18 (r) Prohibition on Material Misrepresentations 19 IV. To avoid possible bankruptcy, tobacco industry companies agreed to a legal settlement known as the Master Settlement Agreement (MSA). Tobacco Master Settlement Agreement Summary THE FOUNDATION Anti-smoking advertising campaigns are extremely effective when they are long-term, and consistently portray smoking as hazardous for adults and children alike, according to an article in the Annals of Internal Medicine. In 1998, the Attorney General's Office reached a settlement (the Tobacco Master Settlement Agreement or “MSA”) with the major U.S. tobacco manufacturers that imposes major restrictions on the industry's advertising and marketing machine, curtails its ability to fight anti-tobacco legislation in our political arena, and provides states quick mechanisms to enforce the agreement. The 1998 Master Settlement Agreement between the major tobacco companies, 46 U.S. states, the District of Columbia and five U.S. territories transformed tobacco control. The Master Settlement Agreement: An Overview / 4 • It creates a tobacco prevention foundation and disbands tobacco-industry initiatives • The MSA created the American Legacy Foundation, a research and educational organization that focuses its efforts on preventing teen …
The Tobacco Master Settlement Agreement was signed in November of 1998 and essentially designated the terms of punishment for the four major tobacco companies in the US for their decades of subversive marketing to children and teens, hiding health data on the impacts of smoking, and more. The Office of the Attorney General administers the Tobacco Master Settlement Agreement, or the MSA, Compliance Advisory Board established by Kentucky law, which meets quarterly to monitor MSA enforcement actions. Tobacco billboards and transit ads must be removed within 150 days after the Master Settlement Agreement Execution Date. From the 1950s to 1994, over 800 lawsuits were prosecuted against tobacco companies for fraud, violation of consumer protection statutes, negligent manufacture, and advertising. With the MSA, states obtained a 25-year payout of hundreds of billions of dollars from “Big Tobacco.” Under the Master Settlement Agreement, seven tobacco companies agreed to change the way they market tobacco products and to pay the states an estimated $206 billion. Washington, DC: Congressional Research Services; 1999.