The State of Minnesota Wins the Case of Jule

The state of Minnesota hasn't set a number for damages, but Ellison said that it could be in the ballpark with Minnesota's landmark $7.1 billion settlement with the tobacco industry in 1998. "It seems like this should be ultimately a drop in the bucket compared to the broader tobacco settlement," he says. If Minnesota wins this case, there's going to be more states that are willing to be more aggressive and push for more, which is obviously bad for Jule and Altria.