Missouri has joined a proposed multi-billion dollar settlement with the tobacco industry. Lee McGuire is in Jefferson City with more.
Attorney General Jay Nixon has agreed to a deal that would be the largest settlement in Missouri history.
Among those reforms are a ban on tobacco billboard ads, restrictions on endorsements and an end to cigarette-touting cartoon characters.
Nixon says he accepted the deal in part because those restrictions would never have been awarded by any court.
But a big hurdle still stands in the way of the settlement--the tobacco industry says it will only sign on if enough other states also agree to the terms. In Jefferson City, Lee McGuire, KMOX News.
Date: November 19, 1998
By: Lee McGuire
State Capital Bureau
Attorney General Jay Nixon today/Thursday announced he has signed a multi-billion settlement with the tobacco industry. Lee McGuire has more from Jefferson City.
If the settlement goes through, the case of Missouri versus big tobacco will never see a courtroom, but the state could see more than 6 billion dollars over the next 25 years.
Nixon says he decided to settle the case because it was the best opportunity to get big money and guarantee industry reform.
But a big hurdle still stands in the way of a settlement. The tobacco industry is waiting to see how many states sign the agreement before it decides whether to go ahead. In Jefferson City, Lee McGuire, KMOX News.
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