Juul to pay $462 million to six US states, DC over youth addiction claims
By Brendan Pierson
NEW YORK (Reuters) -E-cigarette maker Juul Labs Inc agreed on Wednesday to pay $462 million over eight years to settle claims by six US states including New York and California, along with the District of Columbia, that it unlawfully marketed its addictive product to minors.
The deal, which also included Colorado, Illinois, Massachusetts and New Mexico, means that San Francisco-based Juul has now settled with 45 states for more than $1 billion, putting most of the long-running litigation over its business practices to rest. The company did not admit wrongdoing in the settlement.
The various states had