AG Nessel announces that the state is receiving payment from tobacco industry settlement

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LANSING, Mich. (WILX) – Immediately Michigan Legal professional Normal Dana Nessel introduced that the state is receiving greater than $312 million as a part of an ongoing 1998 settlement with main tobacco corporations.

In 1995, Michigan and several other different states filed lawsuits towards main home tobacco corporations for allegedly deceptive the general public in regards to the risks of tobacco.

“For the reason that MSA’s signing, cigarette gross sales have decreased greater than 20 p.c nationally and there’s better understanding of tobacco’s dangerous results,” Nessel stated.

Final 12 months, Michigan acquired greater than $278 million as a part of the settlement.

“This ongoing settlement not solely means a big amount of cash for Michigan annually, it additionally serves as ongoing accountability for the tobacco trade and betterment of our nation’s well being.”

Michigan has acquired greater than $6.2 billion because the MSA was adopted.

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