( September 2, 2026, 1:53 PM EDT) -- NEW ORLEANS — A Fifth Circuit U.S. Court of Appeals panel on Sept. 1 reversed and remanded a ruling allocating additional liability against two tobacco companies for underpayment of their annual settlement payments to Texas based on a change to federal corporate income tax rates, writing that the payments should be calculated based on the applicable year’s profits rather than the amount set in a 2001 amendment to the settlement agreement....