loading
Home   |   News   |  

In order to end the lawsuit, Juul, an electronic cigarette manufacturer, agreed to pay $ 1.7 billion and solve the gold again

In order to end the lawsuit, Juul, an electronic cigarette manufacturer, agreed to pay $ 1.7 billion and solve the gold again

2022-12-13

According to foreign media reports, people familiar with the matter said that on December 6, Juul Labs Inc. had agreed to pay $ 1.7 billion to resolve more than 5,000 lawsuits proposed by school districts, local governments and individuals, involving more than 10,000 individual plaintiffs. At the same time, JUUL announced that it had received a investment to pay for settlement.


This electronic cigarette manufacturer faces a total of more than 8,000 lawsuits. These lawsuits come from the personal and family, school districts, municipal governments and Aboriginal tribes of JUul users. This week's reconciliation agreement resolves most of these cases, and these cases are consolidated in the California Court of California, waiting for several important trials.


Juul Labs announced in a press release that it has reached a settlement with the plaintiff of the Federal Regional Litigation (MDL) and the relevant "JUUL LABS Product Cases" (JCCP), which has been merged in the U.S. District Court of Northern California.


In the past year, JUUL Lab has also reached a reconciliation with 37 states and regions, and is still discussing with other major stakeholders to resolve the remaining lawsuits.


JUUL CEO K · C. Cross Weite said that the settlement agreement resolves most of the company's unsuccessful lawsuits, including two iconic trials that are about to go to court early next year, and the four major groups: the personal life: the personal life: the personal life: the personal life: the personal life: the personal life: the personal life: the personal life: the personal life: the personal life: the personal life: the personal life: the personal: The plaintiff, JUUL consumers, government school districts and American Aboriginal tribes. The lawsuit filed by several chief prosecutors is under trial.


As the pioneer of the electronic cigarette industry, Jum Labs has moved from leading the US electronic cigarette market for survival.


Chat Online
Chat Online
Leave Your Message inputting...
Sign in with: