Source: Richard Craver, WINSTON-SALEM JOURNAL, 12/23/16

The state Court of Appeals has affirmed an N.C. Business Court decision to dismiss shareholder lawsuit claims against Reynolds American Inc. and its board of directors. However, the court kept alive Tuesday a series of claims against British American Tobacco Plc for its pivotal role in Reynolds’ $29.25 billion purchase of Lorillard Inc. in July 2015.

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