Carolina Tobacco Company

Portland, OR: A lawsuit begun in 2003 that questioned Carolina Tobacco Company's (CTC) legal standing to submit Oregon certifications and make the escrow payments as required as a manufacturer under the Tobacco Master Settlement Agreement. The issue branched out into several different lawsuits. Carolina Tobacco Company announced two settlement agreements with the State of Oregon that reinstate the company's authorization to distribute its ROGER products in the state. One settlement, part of a national agreement with 45 states and the District of Columbia, resolves a dispute over the company's status as the manufacturer of its ROGER brand from November 1999 to April 2003. CTC will settle with Oregon for approximately $355,000 and also maintain the required qualified escrow fund by paying $13,331 to Oregon's general fund. Nationally, CTC will distribute more than $31 million. (Jan-29-07) [SALAM NEWS: CTC OREGON SETTLEMENT]

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