R.J. Reynolds loses appeal in $95 million Altria e-cigarette patent ...
Dec 19, 2024 · A U.S. appeals court on Thursday upheld a $95.2 million jury verdict for tobacco giant Altria in a patent dispute with rival R.J. Reynolds [RIC:RIC:RAITH.UL] over e-cigarette technology.
Reynolds American buys rival Lorillard for $27B - USA TODAY
Jul 15, 2014 · As the U.S. cigarette market dips, the nation's second-largest tobacco company, Reynolds American, announced Tuesday that it plans to buy the third-largest one, Lorillard, for about $27.4...
To Compete With Altria, Reynolds American Is Buying Lorillard
Jul 15, 2014 · Updated, 8:34 p.m. | With its $27.4 billion deal to buy its smaller tobacco rival Lorillard, Reynolds American is betting that the acquisition is the best way to combat not only its bigger...
Altria wins $95 mln patent verdict from R.J. Reynolds in e …
Sep 8, 2022 · A North Carolina jury on Wednesday said R.J. Reynolds Vapor Co must pay tobacco giant Altria Group Inc more than $95 million, finding e-cigarettes from RJR's top-selling Vuse line infringed...
Jury Orders RJR to Pay $95 Million to Altria in Vuse Alto...
Sep 13, 2022 · A federal jury in North Carolina last week awarded Altria Group $95 million in damages from rival RJ Reynolds Vapor Co. after finding that Reynolds infringed on three Altria patents. The disputed patents concerned the pod-based Vuse Alto —currently the most popular vaping product in the convenience store/gas station segment of the vaping market.
Federal Circuit Affirms $95 Million Verdict in E-Cigarette Patent ...
Dec 19, 2024 · The Federal Circuit's December 19, 2024 decision in Altria (Philip Morris) v. R.J. Reynolds offers important guidance on patent damages methodology while potentially previewing issues soon to be addressed en banc in EcoFactor v. Google. The case centered on Reynolds' VUSE Alto e-cigarette product and its infringement of three Altria patents.
Jury Awards Altria $95M in Reynolds Patent Lawsuit
Sep 8, 2022 · RICHMOND, Va. — Reynolds Vapor Co.’s Vuse Alto electronic cigarette infringed three patents owned by Altria Client Services, a jury found. The jury in the U.S. District Court of the Middle District of North Carolina awarded Altria more than $95 million in past damages, the Richmond, Va.-based tobacco company said.
What Does The Reynolds-Lorillard Deal Mean For Altria? - Forbes
May 12, 2015 · Presently, Altria has around 47% of the U.S. tobacco market, Reynolds American has around 28%, and Lorillard has 12.6%. Post the deal, the competitive landscape of the tobacco industry could...
Tobacco firms Reynolds, Lorillard in merger talks | AP News
Jul 11, 2014 · A deal between Reynolds American Inc. and Lorillard Inc. would create a formidable No. 2 to rival Altria Group Inc., owner of Philip Morris USA. It also could spur a wave of consolidation in the tobacco business, shrink factories and workforces, and push prices for cigarettes higher even as smokers buy fewer of them.
R.J. Reynolds Ordered to Pay Huge Fine In Patent Infringement Case
Sep 20, 2022 · R.J. Reynolds Vapor Company has been ordered by a jury to pay rival Altria Group damages of $95 million as a result of patent infringement. Reynolds will also be made to pay approximately 5% of the sales accrued from the Vuse devices that were found guilty, until Altria’s patents expire in 2035.