big tobacco lawsuit 1998 In 1994, seven major U.S. company CEOs testified before Congress and said they did not believe nicotine was addictive. The backlash helped lead to the Master Settlement Agreement, which forced State Bonds Backed by Tobacco

State Bonds Backed by Tobacco Payments in Jeopardy of Default The New York Times In April 1994, executives from major tobacco companies testified before the United States Congress claiming nicotine was not addictive. Internal documents later revealed the industry had known about nicotine's addictive effects for 20 years later, debate continues over the Texas tobacco verdict 98 Tobacco Settlement The American Museum of Tort Law

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