R.J. Reynolds Tobacco Co. Statement On Castano Class Action Certification Decision.WINSTON-SALEM Winston-Salem, city (1990 pop. 143,485), seat of Forsyth co., central N.C., in the Piedmont; inc. 1913. It is one of North Carolina's largest cities and foremost industrial centers. Historically a major tobacco manufacturer, Winston-Salem diversifed in the 1990s; its economy now relies heavily on banking, medicine, and higher education. The city also has a brewery, a large bakery, and clothing, textiles, electrical equipment, and appliance factories., N.C.--(BUSINESS WIRE)--Feb. 17, 1995--R.J. Reynolds Tobacco Co. issued the following statement: The court's decision to allow Castano to go forward as a class action, in our opinion, is inconsistent with class certification guidelines. If this case proceeds and is not reversed on appeal, it will prove to be an unwieldy burden on the court system. Separate cases would be required for each class member on many issues. This is an unprecedented application of the class action rules. The order includes as a class member virtually everyone who currently smokes and many former smokers. We intend to appeal this order. CONTACT: R.J. Reynolds Tobacco Co., Winston-Salem Maura Ellis, 910/741-6996 KEYWORDS: NORTH CAROLINA REPEATS: New York 212-575-8822 or 800-221-2462; Boston 617-330-5311 or |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion