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RJR RJ Reynolds Tob Hlds

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Share Name Share Symbol Market Type
RJ Reynolds Tob Hlds NYSE:RJR NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Employee Suit Against RJR Dismissed by Federal Court

11/12/2003 7:45pm

PR Newswire (US)


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Employee Suit Against RJR Dismissed by Federal Court WINSTON-SALEM, N.C., Dec. 11 /PRNewswire-FirstCall/ -- A federal court in Greensboro on Dec. 10 dismissed a suit brought by an R.J. Reynolds Tobacco Company employee who claimed that the company wrongfully eliminated two investment options from its 401(k) plan. The suit was filed in 2002 following the elimination of two Nabisco stock funds from the R.J. Reynolds Capital Investment Plan. The Nabisco funds were discontinued as investment options on Jan. 31, 2000, following the June 1999 corporate spin-off that separated RJR Nabisco's food business from its tobacco business, making them unrelated companies. Jack Henson, senior counsel for R.J. Reynolds Tobacco Holdings, Inc., said, "The court determined that the company acted legally and did not breach any responsibility to any employee in making changes to the plan and following through with those changes once they were announced." R.J. Reynolds Tobacco Holdings, Inc. (NYSE:RJR) is the parent company of R.J. Reynolds Tobacco Company and Santa Fe Natural Tobacco Company, Inc. R.J. Reynolds Tobacco Company is the second-largest tobacco company in the United States, manufacturing about one of every four cigarettes sold in the United States. Reynolds Tobacco's product line includes four of the nation's 10 best-selling cigarette brands: Camel, Winston, Salem and Doral. Santa Fe Natural Tobacco Company, Inc. manufactures Natural American Spirit cigarettes and other tobacco products, and markets them both nationally and internationally. Copies of RJR's news releases, annual reports, SEC filings and other financial materials are available on the company's website, http://www.rjrholdings.com/ . DATASOURCE: R.J. Reynolds Tobacco Holdings, Inc. CONTACT: Ellen Matthews, of R.J. Reynolds Tobacco Holdings, Inc., +1-336-741-6694 Web site: http://www.rjrt.com/ http://www.rjrholdings.com/

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