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Juul reaches settlements covering more than 5,000 cases

Por: ABC News Business December 07, 2022

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Juul Labs has reached settlements covering more than 5,000 cases brought by about 10,000 plaintiffs related to its vaping products.Financial terms of the settlement were not disclosed, but Juul said that it has secured an equity investment to fund it.Buffeted by lawsuits, Juul announced hundreds of layoffs last month and bankruptcy appeared increasingly likely as it secured financing to continue operations.The e-cigarette maker faced thousands... + full article



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