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Philip Morris

Transcript Business Day

Date: 23 Aug 1996
Length: 2 pages
2077409680-2077409681
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Type
TRAN, TRANSCRIPT
Master ID
2077409565/9739
Related Documents:
Site
N922
Litigation
Mile/Produced
Author (Organization)
Video Monitoring Services of America
Named Person
Barrett, K.
Clinton
Dole, R.
Klapper, M.
Levine
Miller, H.
Rogers, R.
Rogers, Y.
Varney
Varney, S.
Area
PURCELL,CLARE/CARLSTADT
Named Organization
Business Day
Clark Gagliardi
Cnn
Cnn Financial News
Video Monitoring Services of America
Wall Street
White House
Date Loaded
18 Feb 2003
UCSF Legacy ID
sox60c00

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. • Transcript President Clinton is expected today to declare nicotine an addictive drug, and to unvcil a sweeping plan to overhaul and restrict the way cigarettes are marketed and sold. in effect the tobacco indusLry faces the biggest regulatory challenge in its long history. Cigarette makers and many politicians in the south eastern tobacco states fiercely oppose government regulations. The President's efforts are aimed at stamping out or at least preventing smoking by teenagers. In this election year, Mr. Clinton's expected announcement is also drawing barbs from his Republican challenger Bob Dole. The Dole campaign says the White House is trying to deflect attention from reports of an increase in teen drug use during the Clinton Administration. Well, CNN will bring you live coverage of the President's announcement, scheduled for later today in the White House Rose Garden. Meanwhile, the tobacco industry is under fire on another front. Lawsuits by U.S. states seeking to recover health care expenses from cigarette-related illnesses. They're piling up now, and so are cases by individual scnokers. An Indiana jury is deliberating a very high profile, very high stakes case, that pits the family of a deceased smoker against the nation's largest tobacco companies. Katherine Barrett has this report from Indianapolis. Katherine Barrett_reporting: six jurors and one alternate began deliberating Thursday afternoon on the case of Yvonne Rogers versus RJ Reynolds, Philip Morris, American Tobacco, and the Liggett Group. The lawyers did all their talking in court. Morris Klapper (Plaintiff's Attorney): No, we're not going to be able to comment till the jury comes back. That's all I really have to say. • Barrett: In final statements, Rogers' lawyers argued the For a videacasserrafTVJ oraudro tassettefradiof of this news segment contact yonr nearest YMS office. Malria/fupP~ArVdm MeMfM'p9Mrkualm.k..Yr.XryaMVOeatqlWMirWmsr, inNrn, m,N,hrA MYpo'64iti.i sbeduwNpv9Ra(M4Ylxlvraeh/dilbi NO>ICB:ldL,oMXereNrtwant{claeS N'IypnqamnY. ingwNbrVavMenn6yS.vee,er~mniee,lx. wsilukermYrcipwaOYYIhrIMRrirzrNbasnl6,n. laaAngeies Chicago FhiNlelphi. SanFnncisco DNroN plySUl3-0111 /.11L6LV1131 I/IYl6.C1BA7 11/95AYJ361 fBIa357M0 Barton Dallas Washington Houston 6liami /677110d71a1 Q146"8s% 170D39b7710 //71J7J110]5 /309576.3597 Deaver NadmA Si.Di.go V1DE-O MONRORING 02ya6)J752 SERVICES OFIMERIC4, LA. 330aafQmlSneel Naw rent Ns rae 10036 ulo i.mw+u R1A7364i% Stuart Varney, anchor: pOLDfi9-IBB9 109514.1m DATE August 23, 1996 TIME 6:00-7:00 AM (ET) NETWORK CNN PROGRAM Business Day
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VIOEO MONITORING SERVICES OF AMERICA, INC Page: 2 tobacco companies were negligent and liable for selling an unrcasonably dangerous product, and that his addiction to cigarettes caused Richard Rogers lung cancer, and death at age fifty-two. Lawyers defending the four tobacco companies argues Rogers knew the risks of smoking, though he started at age six, and that he could have chosen to quit at any time. Tobacco lawyers also maintain the link between smoking and lung cancer has not been scientifically proven. The most emotional moment came when Yvonne Rogers lawyers reminded jurors that her family had lost a husband and a father, that brought Rogers and here two sons to tears. Emotions are high on both sides. Tobacco industry cannot afford to lose this case. Henry Miller (Senior Partner, Clark, Gagliardi & Miller): If the plaintiffs win the case in Indianapolis, I believe there will be an enormous change in the environment, because it means the aura of invincibility of the tobacco industry would be shattered. • Levine: Tobacco companies have only lost two liability cases like this, and one of those was reversed on appeal. The dollar damages sought in the Rogers case are relatively small, but if the industry loses here, the damage to its legal record would be enormous. Katherine Barrett, CNN Financial News, Indianapolis. Varney: Now on Wall Street tobacco stocks continued to be under some pressure, but the rest of the market just sprinted higher. 40

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