Juul Ordered to Pay $440 Million in Teen Vaping Settlement

Juul Ordered to Pay , $440 Million, in Teen Vaping Settlement.

Electronic cigarette maker Juul Labs will pay a $440 million settlement to end a two-year investigation into the company's marketing of its vaping products.

'The Guardian' reports that the 33-state investigation comes after the company was blamed for sparking a national surge in teen vaping.

The nearly $440 million deal was announced on September 6 by William Tong, the Connecticut attorney general.

The nearly $440 million deal was announced on September 6 by William Tong, the Connecticut attorney general.

The investigation reportedly looked into Juul's early promotions and claims regarding the safety and benefits of its product as a smoking alternative.

The investigation reportedly looked into Juul's early promotions and claims regarding the safety and benefits of its product as a smoking alternative.

Following the settlement, Juul still faces nine separate lawsuits from other states.

In addition to these state lawsuits, the company is also facing hundreds of personal suits brought on behalf of consumers who say they became addicted to the company's products.

In addition to these state lawsuits, the company is also facing hundreds of personal suits brought on behalf of consumers who say they became addicted to the company's products.

Through this settlement, we have secured hundreds of millions of dollars to help reduce nicotine use and forced Juul to accept a series of strict injunctive terms to end youth marketing and crack down on underage sales, William Tong, Connecticut attorney general, via 'The Guardian'.

'The Guardian' reports that the $438.5 million settlement will be paid out over a period of six to ten years.

This summer, the Food and Drug Administration moved to ban all Juul vaping products from the market.

.

An ongoing FDA review is one part of a sweeping effort to regulate the multimillion-dollar vaping industry following years of regulatory delay