[citation needed] Testifying under oath before Congress in 1994, Lorillard's CEO Andrew Tisch said that he did not believe that nicotine was addictive nor that cigarette smoking caused cancer.

In 2006, Lorillard was convicted of racketeering under RICO, along with Philip Morris and R. J. Reynolds Tobacco Company.

[15] The Supreme Court has upheld the verdict, in which Judge Kessler wrote, [W]hat this case is really about ... is about an industry, and in particular these Defendants, that survives, and profits, from selling a highly addictive product which causes diseases that lead to a staggering number of deaths per year, an immeasurable amount of human suffering and economic loss, and a profound burden on our national health care system ...

To comply with FDA regulations, Lorillard had until June 22, 2010, to rebrand tobacco products marketed as "Lights", "Ultra-Lights", "Medium", "Mild", "Full Flavor", or similar designations to belie the false impression that some tobacco products are comparatively safe.

In December 2010, a Boston jury returned a $151 million verdict against Lorillard Tobacco Company for giving out free samples of cigarettes to children in urban housing projects in the 1950s.

In a statement, the company said it "will use scientifically accepted or validated alternative test methods and technologies that avoid the use of animals.

The electronic cigarette company had about $30 million in revenue in 2010, with blu eCigs sold in more than 13,000 retail outlets, including Walgreens and Sheetz.

[21] The deal also included the divestiture of brands Kool, Winston, Maverick, Salem, and blu to Imperial Tobacco for $7.1 billion.

Many processed liberated American POWs (Prisoners of War) and some even held German POWs for a while.In May 2003, the company restated its financial statements in 2002 to reflect an adjustment to its historical accounting for CNA's investment in life settlement contracts and the related revenue recognition.

[29] On May 3, 2005, Loews Corp, the holding company of Carolina Group, announced to restate results for prior years to correct CNA's accounting for several reinsurance contracts.