The Morning After: Juul pays .2 billion to settle hundreds of lawsuits | Engadget

Juul has agreed to pay $1.2 billion to settle hundreds of lawsuits – together with 8,500 private harm circumstances. If you assume that’s an enormous quantity for a comparatively younger firm, it’s received substantial monetary backing: Marlboro proprietor, Altria, invested $12.8 billion in Juul again in 2018.

In 2018, Juul was the chief within the US e-cigarette market, however after a string of controversies, it slipped to second place behind Vuse. The US Food and Drug Administration ordered e-cigarette manufacturers to cease promoting flavored pods if they cannot show they’ll hold them out of minors’ fingers, and it tried to ban the sale of Juul objects.

Still, California sued Juul in 2019, accusing the corporate of focusing on minors within the state, failing to confirm the age of its clients and failing to warn customers of their publicity to chemical substances linked to most cancers and beginning defects.

– Mat Smith

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