E-cigarette maker Juul agrees to pay $462m to settle claims by six US states
by Reuters from World news | The Guardian on (#6AQNK)
Company did not admit wrongdoing in settlement regarding unlawfully marketing its addictive products to minors
E-cigarette maker Juul has agreed to pay $462m to settle claims by six US states including New York and California that it unlawfully marketed its addictive products to minors, a person familiar with the matter said on Wednesday.
With the deal, Juul Labs Inc will have settled with 45 states for more than $1bn. The company did not admit wrongdoing in the settlement, which also included Colorado, Illinois, Massachusetts and New Mexico as well as the District of Columbia.
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