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Friday, November 24, 2000 | return to: international
Tobacco deal: massive payout or publicity move?
by JERUSALEM (JPS) -- Israel's Dubek tobacco company agreed to pay compensation to smokers whose health has been seriously affected, Under the agreement reached with lawyers representing smokers in class-action suits against the company, the compensation fund w
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According to the deal, the fund would be financed by Dubek profits from its sales -- so the more cigarettes Dubek sells, the more money would be given to patients. In addition, Dubek is asking for approval of a price hike on its products to finance the fund.
CHS has its own multimillion dollar lawsuit pending against Dubek, local tobacco importers and foreign tobacco companies for compensation from the companies for health damage to their members caused by tobacco.
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