2/1/4 Wuss Tobacco Probe Examines Securities Aspect By ALIX M: FREZDXLN files suggest that they Znew" iar more Zhilip Morris [or olher possible securit es: Atd WADE LAXBEXT affected smokers than anoutehow nictiine law Vclamon$ insider [reding; Fucn they have disclosed. Indeed . the Industry Stoni Rcrcrct; FADETTHOrNil icez what the U.S. atjor: ASCr investiga0101 ul dispute the nollon that nico- raminai conunmas inyenilatioa ney $ Fhilip Morrls Is Phillp Morts Cus . federal prosecutors tine I$ eddictive_ the White House Matris spokesman said, Hcu Fotkan= Tew- pursLing an unisua/ LheoTy: Fooa 404 Drug Administration Asked whether comsinCrS compaly had made The tobacco proposals that would classify tobicco a5 Lucadal commit_ adequate aboue nicotine disciosuinec ted eecurities iraud disclosing all it ana Introduce regulations drug said: PhilipMorris has expressly   dis- allegeily knew about nicotine: underage use . 10-Ks Ifiled with tne Securities closoo Under Secuiniice companies ere Prosecutors atpear considering and Excmalige Commisslon the sur dsclaze all mareral Teuwred iniorma sccuriues-traud theory base_ the prem: gean general had ccncuded that cigarettes tion that mJ} 4iect Philip Morris deliberately with- were addictive: Philip Mortis $ posi: LEGAL BEAT chelr stock price, hela its 04m (indines abcut nicotine be: tiox mas a/ways been &7d continues and they are barred ciuse such disclosute3 would 'have tha: cigarettes and nicotine have not been Gem" frm   releasing 2ged Ehe Intting Fovd proven addictive and  Philip Moriis hes AGl Ine SICEE DI complete inbccu- und Drug dminiemralion regulation and vigorous]y asserted Iilnt posluon rite Infor nalion; litigaton: litigatlcn public   pollcy mnte arcseculon3 person famlliar wIth Che U,S. attor Nm3: Philip Kndt Prosecutors; hawever, may Tew York said that nersin C5021001 able Wo Morns knew" Mote the  probe woulan "[ linited show that the inicrmation allegedly with- about the eddlctlve: arez, stressing that "This Stll In the held by tobaco} makcrs wes lmmtant ncctine eidy But he sald. One that had an effect Phlip Mozds : 51rFe: than ulsclosed, Koutd avenue being purzued whetier Philip Frce, L5do securities-lau Morris committed securities (raud b}; faii: Xelrju utue Era Vla[ons, For instance, sall Welss , secuiles Izwyers Said. wmat discloje sharelolders #laintiffs attorcy Milbeng Weiss Ber: The nation about nicotine, Ihus misleading the [Qbzccu cumcanies ave Lerach shad Hymes rneu Prozeculors could mojths come under fize Mrhc thou; Marker make the cse that Phlip Mortis pages their He said   prosecutors ane ducumenls problng knexr that cigareites Weran [ product thar could be regulated, the FDA Harvey  Pitt; secirities  lawyer a brupUS" Ing . Prosecutors could argu tat the cor" Fried, Fyank , Harris , Shriver Hacodson alleged reticcnce artillcially which nas clients, said pun" Wpicat (ujalco disclosure  claim failure sleced Mis ScoCk price Ziems Icom disclose adverse  tinancial   Information - But   eren the  stock wasn 't Tice afiected, Mr. Weiss seld , any Maneria nolbaoenewis aaou Drodilci misleading could cmtement be grourds herd to muke the cas? (ha: charges, Mr; Weiss '$ law firm sccurltics Iaw applies when what Y0u have ior crinal has represented shareholders and smokers Is 2 claln) thal reletes produc ancenci that producl w2$ markeled suits against Philip Horris he s1d.As n@ Although prosecutors Rice Krispies don"" &0 routinely exan Fut ic; Kellogg' regulatory {Wings, ine companies snap, crackle and pap. it just goes szap CT [2152 sccuritles-law specialists s1y [hal Satements crachle securues-Iatt wqz: the probe taking an innovatlve @pproich tion? by attemptig apply the law for disclc: additlcn Ihe New Yozk investigi- tion , ?hilip Morris and the rest thz 545 Edn Alan M, Cohen, an attorney the New' billion tcbacco industry are belng Invest" York cliice o Ile Los Angeles-based che Justice Cepartment' Eared CtIL - fimni 0 'Melreny Myers_ reported expliined that nal dlision in Weshington;_ there ere expanding what hzd cjassic (AISL-SLAeMent case Iswhen pruaccui Unancial results but preliminary inqulry Into complzints compz)y Tecorteo coes sw after naving cccked the booss inan Rep. Miass } an hartim e enan eifor] several other lawmakers [hat tobaccu cor: make its Inincial results Icoi better. Mz, Cohen forerly executlyes may have comnilled per' neaa the securitics and commodilies iraud iask 0 in congressienal testimony list ycnr Torc Orilce New and M2X nave broken Dther laws well: 4ttorer Yorkven f the securities-law clalm isjusta lawyers small pece of the case, SWene questioned the Nem York prosecutors" parent Iing ofargument, saying itis 2 bicof strerch
Wuss 2/1/4 Tobacco Probe Examines Securities Aspect By ALIX M: FREZDXLN files suggest that they Znew" iar more Zhilip Morris [or olher possible securit es: Atd WADE LAXBEXT anoutehow nictiine affected smokers than law Vclamon$ Fucn insider [reding; Stoni Rcrcrct; FADETTHOrNil they have disclosed. Indeed . the Industry icez what the U.S. atjor: ASCr raminai investiga0101 ul conunmas dispute the nollon that nico- ney $ Fhilip Morrls Is Phillp Morts Cus . federal prosecutors tine I$ eddictive_ the White House Hcu inyenilatioa Fotkan= Matris spokesman said, Tew- pursLing an unisua/ LheoTy: comsinCrS Fooa 404 Drug Administration Asked whether compaly had made The tobacco Lucadal commit_ proposals that would classify tobicco a5 adequate disciosuinec aboue nicotine ted eecurities iraud disclosing all it drug ana Introduce regulations said: PhilipMorris has expressly   dis- allegeily knew about nicotine: underage use . closoo 10-Ks Ifiled with tne Securities Under Secuiniice companies ere Prosecutors atpear considering and Excmalige Commisslon the sur Teuwred dsclaze all mareral iniorma sccuriues-traud theory base_ the prem: gean general had ccncuded that cigarettes tion that mJ} 4iect Philip Morris deliberately with- were addictive: Philip Mortis $ posi: chelr stock price, LEGAL BEAT hela its 04m (indines abcut nicotine be: tiox mas a/ways been &7d continues and they are barred ciuse such disclosute3 would 'have Gem" tha: cigarettes and nicotine have not been frm   releasing 2ged Ehe AGl Ine SICEE DI Intting Fovd proven addictive and  Philip Moriis hes complete inbccu- und Drug dminiemralion regulation and vigorous]y asserted Iilnt posluon rite Infor nalion; mnte litigaton: litigatlcn public   pollcy arcseculon3 person famlliar wIth Che U,S. attor Nm3: Kndt Philip nersin C5021001 Tew York said that Prosecutors; hawever, may able Wo Morns knew" Mote the  probe woulan "[ linited show that the inicrmation allegedly with- about the eddlctlve: arez, stressing that "This Stll In the held by tobaco} makcrs wes lmmtant ncctine eidy 51rFe: But he sald. One that had an effect Phlip Mozds : than ulsclosed, Koutd avenue being purzued whetier Philip L5do Frce, utue Era securities-lau Vla[ons, Morris committed securities (raud b}; faii: For instance, sall Xelrju Welss , secuiles Izwyers Said. discloje sharelolders wmat #laintiffs attorcy Milbeng Weiss Ber: The nation [Qbzccu cumcanies ave rneu about nicotine, Ihus misleading the shad Hymes Lerach Prozeculors could come under fize Mrhc mojths thou; Marker make the cse that Phlip Mortis ane pages ducumenls their He said   prosecutors Weran [ problng knexr that cigareites product thar could be regulated, the FDA brupUS" Harvey  Pitt; secirities  lawyer a Ing . Prosecutors could argu tat the cor" Fried, Fyank , Harris , Shriver Hacodson pun" alleged reticcnce artillcially which nas (ujalco clients, said Wpicat sleced Mis ScoCk price disclosure  claim Ziems Icom failure But   eren the  stock Tice wasn 't disclose adverse  tinancial   Information - afiected, Mr. Weiss seld , any Maneria nolbaoenewis aaou Drodilci misleading cmtement could be grourds herd to muke the cas? (ha: ior crinal charges, Mr; Weiss '$ law firm sccurltics Iaw applies when what Y0u have has represented shareholders and smokers Is 2 claln) thal reletes produc ancenci suits against Philip Horris that producl w2$ markeled he s1d.As n@ Although prosecutors routinely exan Fut ic; Kellogg' Rice Krispies don"" &0 ine companies regulatory {Wings, CT [2152 snap, crackle and pap. it just goes szap Satements sccuritles-law specialists s1y crachle [hal securues-Iatt wqz: the probe taking an innovatlve @pproich tion? by attemptig apply the law for disclc: additlcn Ihe New Yozk investigi- Edn tion , ?hilip Morris and the rest thz 545 Alan M, Cohen, an attorney the New' billion tcbacco industry are belng Invest" York cliice o Ile Los Angeles-based Eared che Justice Cepartment' CtIL - fimni 0 'Melreny Myers_ expliined that nal dlision in Weshington;_ reported cjassic (AISL-SLAeMent case Iswhen pruaccui there ere expanding what hzd compz)y Tecorteo Unancial results but preliminary inqulry Into complzints coes sw after naving cccked the booss inan Rep. hartim e enan Miass } an eifor] make its Inincial results Icoi several other lawmakers [hat tobaccu cor: better. Mz, Cohen forerly neaa executlyes may have comnilled per' the securitics and commodilies iraud iask in congressienal testimony list ycnr Torc 4ttorer Orilce New and M2X nave broken Dther laws well: Yorkven f the securities-law clalm isjusta small pece of the case, SWene lawyers questioned the Nem York prosecutors" parent Iing ofargument, saying itis 2 bicof strerch 0