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BumRushDaShow

(128,895 posts)
Tue Sep 6, 2022, 01:22 PM Sep 2022

Juul to pay nearly $440M to settle states' teen vaping probe

Source: AP

HARTFORD, Conn. (AP) — Electronic cigarette maker Juul Labs will pay nearly $440 million to settle a two-year investigation by 33 states into the marketing of its high-nicotine vaping products, which have long been blamed for sparking a national surge in teen vaping. Connecticut Attorney General William Tong announced the deal Tuesday on behalf of the states plus Puerto Rico, which joined together in 2020 to probe Juul’s early promotions and claims about the safety and benefits of its technology as a smoking alternative.

The settlement resolves one of the biggest legal threats facing the beleaguered company, which still faces nine separate lawsuits from other states. Additionally, Juul faces hundreds of personal suits brought on behalf of teenagers and others who say they became addicted to the company’s vaping products. The state investigation found that Juul marketed its e-cigarettes to underage teens with launch parties, product giveaways and ads and social media posts using youthful models, according to a statement.

“Through this settlement, we have secured hundreds of millions of dollars to help reduce nicotine use and forced Juul to accept a series of strict injunctive terms to end youth marketing and crack down on underage sales,” Tong said in a press release. The $438.5 million will be paid out over a period of six to 10 years. Tong said Connecticut’s payment of at least $16 million will go toward vaping prevention and education efforts. Juul previously settled lawsuits in Arizona, Louisiana, North Carolina and Washington. Most of the limits imposed by Tuesday’s settlement won’t affect Juul’s practices, which halted use of parties, giveaways and other promotions after coming under scrutiny several several years ago.

Teen use of e-cigarettes skyrocketed after Juul’s launch in 2015, leading the U.S. Food and Drug Administration to declare an “epidemic” of underage vaping among teenagers. Health experts said the unprecedented increase risked hooking a generation of young people on nicotine. But since 2019 Juul has mostly been in retreat, dropping all U.S. advertising and pulling its fruit and candy flavors from store shelves. The biggest blow came earlier this summer when the FDA moved to ban all Juul e-cigarettes from the market. Juul challenged that ruling in court, and the FDA has since reopened its scientific review of the company’s technology.

Read more: https://apnews.com/article/science-health-lawsuits-connecticut-fce3fe4f92066a9068cf505ed1fb63b0

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Juul to pay nearly $440M to settle states' teen vaping probe (Original Post) BumRushDaShow Sep 2022 OP
WA is one of the states that agreed the settlement was too small RainCaster Sep 2022 #1
Go in a convenience store madville Sep 2022 #2
Good Old Crank Sep 2022 #3
Juul Old Okie Sep 2022 #4

RainCaster

(10,869 posts)
1. WA is one of the states that agreed the settlement was too small
Tue Sep 6, 2022, 01:25 PM
Sep 2022

They are going after Juul on their own I believe.

madville

(7,408 posts)
2. Go in a convenience store
Tue Sep 6, 2022, 01:37 PM
Sep 2022

There are ten different brands of disposable vapes similar to Juul, fruity flavors and all. I’d guess they’ll be out of business before they ever pay most of the settlement, they’re actually a rip off for what you get compared to most other similar products.

Old Crank

(3,573 posts)
3. Good
Tue Sep 6, 2022, 03:21 PM
Sep 2022

But the CEO, CFO, and marketing managers need to all be banned from working in that field permanently.

Old Okie

(143 posts)
4. Juul
Tue Sep 6, 2022, 03:43 PM
Sep 2022

According to the article, the fine was 25% of almost 2B in sales. Probably written off as cost of doing business. I hope some of the states get more.

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