Minnesota gets $60.5M in settlement with e-cigarette maker Juul, tobacco giant Altria
May 17, 2023 GMTST. PAUL, Minn. (AP) — Minnesota settled its lawsuit against e-cigarette maker Juul Labs and tobacco giant Altria for $60.5 million, Attorney General Keith Ellison announced Wednesday, saying the total is significantly higher per capita than any other state that sued Juul over youth vaping and marketing practices.
Minnesota is latest to settle with e-cigarette maker Juul
April 17, 2023 GMTMINNEAPOLIS (AP) — Minnesota announced a settlement Monday in its lawsuit against Juul Labs and tobacco giant Altria — the first of thousands of cases against the e-cigarette maker to reach trial — just ahead of closing arguments.
At trial, Minnesota says e-cigarette maker Juul targets kids
March 28, 2023 GMTMINNEAPOLIS (AP) — Minnesota Attorney General Keith Ellison personally opened his state's case against Juul Labs on Tuesday, accusing the e-cigarette maker of using “slick products, clever ads and attractive flavors” to hook children on nicotine as the first of thousands of cases against the company reached trial.
Minnesota suit against e-cigarette maker Juul goes to trial
March 27, 2023 GMTMINNEAPOLIS (AP) — Minnesota Attorney General Keith Ellison is slated to lead off opening statements expected for Tuesday in his state's lawsuit against Juul Labs – marking the first time any of the thousands of cases against the e-cigarette maker over its alleged marketing to young people is going to play out in a courtroom.
BridgeBio, Corcept rise; Aclaris Therapeutics, IAA fall
March 6, 2023 GMTNEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday:
Altria Group Inc., up 66 cents to $47.19.
The maker of Marlboro cigarettes announced a $2.75 billion investment in electronic cigarette startup NJOY.
Altria invests $2.75B in rival startup NJOY after Juul exit
March 6, 2023 GMTDays after exiting its stake in troubled electronic cigarette maker Juul, Altria announced a $2.75 billion investment in rival electronic cigarette startup NJOY.
The Marlboro maker gets full ownership of NJOY’s e-vapor product portfolio, the Virginia company said Monday, including its pod-based e-vapor product ACE.
Juul reaches settlements covering thousands of lawsuits
December 8, 2022 GMTEmbattled vaping company Juul Labs has reached settlements covering thousands of lawsuits over its e-cigarettes, which in recent years became a scourge in schools and communities nationwide.
Financial terms of the settlement were not disclosed, but Juul said that it has secured an equity investment to fund it.