British American Tobacco plc (LON:BATS), The judgment in the two Quebec Class Action lawsuits against our subsidiary, Imperial Tobacco Canada Ltd., and two other Canadian tobacco companies was publicly issued by the Quebec Court of Appeal in Montreal on 1st March 2019.
The Court of Appeal has upheld the Superior Court’s decision of May 2015.
A British American Tobacco spokesperson said:
“We are extremely disappointed that the Quebec Court of Appeal did not overturn the trial court’s judgment against our Canadian subsidiary, Imperial Tobacco Canada Ltd. We are still of the view that this decision is wrong – ignoring the reality that both adult consumers and government have known about the risk associated with smoking for decades. As a result, we believe it should be overturned.
“Imperial Tobacco Canada Ltd. needs to review the court’s decision in more detail and will decide on next steps over the coming days and weeks. Given the significance of the judgment, they have said that they fully intend to appeal the decision to the Supreme Court of Canada.”
Following the release of the judgment from the Quebec Court of Appeal, the plaintiffs requested immediate release of the funds on deposit, which was refused. They then filed a formal motion to release the funds. Imperial Tobacco Canada Ltd. filed a motion to prevent the release of the funds in question.
British American Tobacco was not a party to the proceeding and is not a party to the judgment, only its Canadian subsidiary, Imperial Tobacco Canada Ltd.