$40 million settlement reached between North Carolina and Juul Labs.
Top-selling electronic cigarette manufacturer Juul Labs Inc. has agreed to pay $40 million over six years to settle a legal complaint by state Attorney General Josh Stein. Stein announced Monday a consent order that will require Juul âto make drastic changes to the way it conducts business.â Another round of pre-trial motions was scheduled for Monday. Stein said North Carolina is the first state âto successfully hold Juul accountable for its role in spiking teen use and dependence on e-cigarettes.â Juul said in a statement that the settlement âis consistent with our o...
Source: journalnow.com