This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Judge Bans Graphic Cigarette Warning Labels

NEW YORK ( MainStreet) -- A federal judge has blocked the Food and Drug Administration from requiring tobacco companies to put graphic warning labels on cigarette packs.

U.S. District Judge Richard Leon granted a preliminary injunction to four tobacco companies on Monday, saying the labels were not factual and, in some instances, had been digitally altered to convey a controversial message.

"Characterizing these graphic images as 'warnings' strikes me as inaccurate and unfair," Leon wrote in the injunction. "At first blush, they appear to be more about shocking and repelling than warning."

Leon also wrote that, as a result of these and other issues, the tobacco companies were likely to prevail in their lawsuit and would not be required to feature the labels while the case played out in court.

The warnings were first unveiled in June and were slated to start appearing on cigarette boxes in September 2012.

Anti-smoking organizations are urging the FDA and the U.S. Justice Department to appeal the ruling.

>To submit a news tip, email: tips@thestreet.com.

Follow TheStreet.com on Twitter and become a fan on Facebook.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $130.28 0.47%
FB $81.53 -1.07%
GOOG $565.06 3.30%
TSLA $218.42 -0.08%
YHOO $44.52 1.89%

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs