Juul Labs reportedly to pay 1.2 Billion to settle 10,000 youth-vaping lawsuits!
According to Bloomberg News, Juul Labs has agreed to pay $1.2 billion to resolve about 10,000 lawsuits targeting the e-cigarette maker as a major cause of a US youth-vaping epidemic.
Juul said it had settlements with about 10,000 plaintiffs covering more than 5,000 cases in California. The company chose not to disclose the settlement amount as part of the court process in the federal multi-district litigation.
Juul, which is partly owned by Marlboro maker Altria Group, had agreed in September to pay $438.5 million to settle claims from 34 US states and territories that said the company downplayed its products’ risks and targeted underage buyers.
Disclaimer: Some information on this site may be considered attorney advertising under your state’s laws and ethical rules. This legal news site and its content is for general information only and is not legal advice. Information on this site may be incomplete or out-of-date.
No attorney-client relationship is created between you and any attorney who publishes content or online forms on this site. Hiring a lawyer is an important decision that should not be based solely on advertisements.