04.11.2015 23:21:00
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Moody's Says Illinois Supreme Court Ruling in Favor of Phillip Morris in "Lights" Case is Credit Positive for Altria
New York, November 04, 2015 -- Moody's Investors Service ("Moody's") said today that it views Altria Group Inc.'s ("Altria") announcement that the Illinois Supreme Court ruled in favor of its operating subsidiary Philip Morris USA (PM USA) in the longstanding Price "Lights" class-action case is a credit positive as it further reduces the company's outstanding litigation.