By Sam Tobin
BRITISH American Tobacco is facing a London lawsuit from shareholders over allegations the cigarette maker failed to properly tell markets about breaches of U.S. sanctions in relation to its business in North Korea.
BAT in 2023 agreed to pay more than $635 million to U.S. authorities after a subsidiary admitted conspiring to violate U.S. sanctions by selling tobacco products to North Korea and commit bank fraud from 2007 to 2017.
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