Juul Agrees to Pay $462 Million Settlement for Youth Vaping Claims in Six States.

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Source: CNBC
Juul Agrees to Pay $462 Million Settlement for Youth Vaping Claims in Six States.
Photo: CNBC
TL;DR Summary

Juul will pay $462 million to settle claims by six states and Washington D.C. that the vaping company marketed its addictive e-cigarettes to underage teens. The agreement is the largest multi-state settlement the company has reached to date, and it means Juul has now settled in suits with 45 states for more than $1 billion. The deal will impose strict limits on Juul's sales and marketing abilities, and will force Juul to secure its products behind retail store counters and verify the age of purchasers.

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