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Altria on watch after Illinois Supreme Court ruling

Nov. 04, 2015 10:59 AM ETAltria Group, Inc. (MO) StockMOBy: Clark Schultz, SA News Editor25 Comments
  • Shares of Altria (NYSE:MO) are on watch after the Illinois Supreme Court issued a ruling on an appeal made by the company in a $10B case. The action appears to put the case on hold again.
  • "We therefore vacate the judgments of the lower courts and dismiss this cause of action without prejudice to plaintiffs to file a motion to recall the mandate in this court," reads the ruling.
  • Illinois Supreme Court opinion (.pdf) filed this morning.

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