Date published: 07/06/2011
Source: www.businesswire.com
URL: http://www.businesswire.com/news/home/20110706006501/en
SUMMARY
Philip Morris, one of the largest cigarette manufacturers in the world, filed suit against 34 New York City retailers for selling counterfeit cigarettes of the company’s most popular brand, Marlboro.
The action follows recent arrests made by the region’s District Attorney to mitigate the rampant selling of counterfeit cigarettes manufactured in China which approximately costs NYC around $17.5 million in taxes and harms retailers and defrauds consumers.
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