Five law firms that participated in the state's lawsuit against the tobacco industry were awarded $775 million in fees and expenses Thursday. The Tobacco Fee Arbitration Panel's decision gives the firms an amount equal to 9.3 percent of the state's $8.3 billion share of the multistate tobacco settlement. But the money, to be paid for by the tobacco industry, is separate and above the money the state will receive.
July 30, 1999 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
BOSTON — Five law firms that participated in the state’s lawsuit against the tobacco industry were awarded $775 million in fees and expenses Thursday.
The Tobacco Fee Arbitration Panel’s decision gives the firms an amount equal to 9.3 percent of the state’s $8.3 billion share of the multistate tobacco settlement. But the money, to be paid for by the tobacco industry, is separate and above the money the state will receive.
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