Brynn Anderson / AP
DURHAM N.C. Electronic cigarette giant Juul Labs Inc. will pay $40 million to North Carolina and take more action to prevent underage use and sales, according to a landmark legal settlement announced Monday after years of accusations that the company had fueled an explosion in teen vaping.
A state judge accepted the first-of-its-kind agreement with a state. North Carolina Attorney General Josh Stein had sued Juul, accusing it of employing unfair and deceptive practices that targeted young people to use its vaping products, which deliver addictive nicotine. The lawsuit had been scheduled for trial next month.
As part of the agreement, Juul will not advertise to anyone under 21 in North Carolina, including through social media, and will limit sales amounts of Juul products online to any state residents. It will also sell its products only behind counters at retailers that have ID scanners to ensure customers are of age.
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 on-going effort to reset our company and its relationship with our stakeholders as we continue to combat underage usage and advance the opportunity for harm reduction for adult smokers.â
Juul Labs Inc. will pay $40 million to North Carolina and take more action to prevent underage use and sales, according to a landmark legal settlement announced Monday.
The settlement follows years of accusations that the electronic cigarette giant had fueled a surge in teen vaping. As part of the agreement, Juul will not advertise to anyone under 21 in the state.
Electronic cigarette giant Juul Labs Inc. will pay $40 million to North Carolina and take more action to prevent underage use and sales, according to a landmark legal settlement announced Monday after years of accusations that the company had fueled an explosion in teen vaping.
Vape suit is settled for $40M nwaonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nwaonline.com Daily Mail and Mail on Sunday newspapers.
It s the first settlement reached by the company with a state government. Author: Allison Gormly Updated: 12:30 AM EDT June 29, 2021
INDIANAPOLIS Here s today s Consumer Catch-up.
Apartment rents on the rise
Young adults are moving out again, with many returning to cities as vaccination rates rise and jobs make a comeback.
Realtor.com says the U.S. median rent increased by 7.5 percent over the past two years.
That puts the monthly rent at just over $1,500, averaged across studios, one- and two-bedroom units.
Rates are higher in some cities than others. Forty-three of the top 50 metro areas say their rental rates are rising compared to last year.