Connecticut's attorney general announced the settlement Tuesday.
HARTFORD, Conn. — Electronic cigarette maker Juul Labs has agreed to 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.
“We think that this will go a long way in stemming the flow of youth vaping,” Tong said at a news conference at his Hartford office. Most of the limits imposed by Tuesday’s settlement won’t immediately affect Juul, which halted use of parties, giveaways and other promotions after coming under scrutiny several years ago. The company currently makes up about one third of the U.S. retail vaping market, down from 75% several years ago.
The FDA review is part of a sweeping effort by regulators to bring scrutiny to the multibillion-dollar vaping industry after years of delays. The agency has authorized a handful of e-cigarettes from Juul’s competitors for adult smokers looking for a less harmful alternative to cigarettes.
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Juul to pay nearly $440 million in states' teen vaping settlementJuul's product has long been blamed for sparking a national surge in teen vaping.
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Juul will pay nearly $440 million to settle states' investigation into teen vapingThe electronic cigarette maker has agreed to settle a two-year investigation by 33 states and Puerto Rico into the marketing of its vaping products, which have been blamed for a surge in teen vaping.
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Juul to pay nearly $440 million to settle states' teen vaping probeElectronic 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.
Weiterlesen »
Juul to pay nearly $440 million to settle states' teen vaping probeElectronic 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.
Weiterlesen »
To settle state probes into teen vaping, Juul will pay nearly $440 millionElectronic cigarette maker Juul has agreed to a multi-state settlement. The states allege the company marketed aggressively to teenagers. It's the latest blow to a company under fire.
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Juul To Pay Nearly $440M To Settle States' Teen Vaping ProbeElectronic cigarette maker Juul Labs will pay nearly $440 million to settle a multi-state investigation into its vaping products.
Weiterlesen »