R.J. Reynolds Wins $251M For Florida Payments On Brands It Sold

Mealey's ( March 5, 2025, 10:57 AM EST) -- WILMINGTON, Del. — A vice chancellor of the Delaware Chancery Court ruled that ITG Brands LLC must pay Reynolds American Inc. and R.J. Reynolds Tobacco Co. (collectively, RJR) more than $251 million in damages plus pre- and postjudgment interest representing the payments RJR has been required to pay Florida for sales of cigarette brands that ITG previously bought from RJR....