Souza Cruz
SAO PAULO, May 27, 2011 -
- After 16 years of litigation, Sao Paulo court denies claims for
indemnification from Smokers' Association, in line with recent decisions from
the Brazilian Superior Court of Justice
The judge of the 19th Civil Court of Sao Paulo denied the claims for
indemnification brought by the Association for the Defence of the Health of
Smokers (ADESF) in a class action suit filed against cigarette manufacturers
Souza Cruz (the Brazilian branch of British American Tobacco Group - BAT,
Amex: BTI) (Bovespa: CRUZ3) and Philip Morris Brasil that, according to the
plaintiff, was evaluated at more than R$ 30 billion (US$ 18.4 billion).