If You Are or Were a Member of the Flue-Cured Tobacco Cooperative Stabilization Corporation or an Heir of a Member, Please Read This Website Carefully and Completely.

Your Rights May Be Impacted by a Class Action Lawsuit Currently Pending in the North Carolina General Court of Justice. The state court authorized this Website.

The North Carolina General Court of Justice, Superior Court Division certified a class action on behalf of the named Plaintiffs and all members of the Class, as set forth below, against the Flue-Cured Tobacco Cooperative Stabilization Corporation (n/k/a United States Tobacco Cooperative, Inc.) (hereafter “Stabilization”). In this case, Plaintiffs allege that Stabilization accumulated hundreds of millions of dollars from a few specific sources over the course of several decades and improperly accounted for and withheld those funds from the Class. Plaintiffs are seeking, among other things, money damages, partial distribution of Plaintiffs’ assets held by Stabilization, and a declaratory judgment that Plaintiffs retain all accompanying rights, privileges, and benefits of membership. Stabilization denies all claims made against it.

Who Is Included in the Lawsuit?

The Court decided that the Class includes:

All individuals, proprietorships, partnerships, corporations, or their heirs, representatives, executors or assigns, and other proper entities that have been members/shareholders of Stabilization at any time from its inception through the end of crop year 2004, and any heirs, representatives, executors, successors or assigns, and;
  1. Had not requested cancellation of their membership and whose membership was cancelled without a hearing; and/or
  2. Were issued a certificate of interest in capital reserve by Stabilization for any of the tobacco crop years between and including 19671973; and/or
  3. Delivered, consigned for sale, or sold flue-cured tobacco and paid an assessment for deposit into the No Net Cost Tobacco Fund or No Net Cost Tobacco Account during any tobacco crop years between and including 19822004.

Important Dates

  • October 26, 2017
    Deadline to Exclude yourself from the Lawsuit or Intervene