Global Trends Today
  • News
  • Economy
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
  • News
  • Economy
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
Global Trends Today
No Result
View All Result
Home Editor's Pick

Some Juul users are receiving thousands of dollars as part of a $300M class action settlement

by
October 22, 2024
in Editor's Pick
0
Some Juul users are receiving thousands of dollars as part of a $300M class action settlement
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

Four-figure checks tend not to fall out of the sky.

But a group of e-cigarette users are suddenly finding themselves with a little extra cash, thanks to a massive class action settlement involving one of America’s tobacco giants.

In online forums and on social media this week, users of Juul Labs nicotine products have been posting screenshots of online deposits for hundreds and sometimes thousands of dollars that they now have access to.

The source of the funds is two settlements totaling $300 million agreed to by Juul and Altria, which owns 35% of Juul, over claims the companies misled consumers about the products’ addictiveness and safety. They were also charged with unlawfully marketing to minors.

Altria has denied the allegations, while Juul did not admit wrongdoing. A court has not ruled on whether either company violated any laws.

Juul agreed to a settlement in 2022, but the Altria settlement, which was needed to kickstart payouts, was not approved until earlier this year. And it was only this month that claims for the approximately 842,000 eligible Juul customers began to be verified.

The deadline for submitting claims has already passed.

After deducting for fees, taxes and contingencies, eligible claimants were entitled to a total of approximately $202,000,000. An average claim amount was not immediately available; payouts were based in part on how many receipts a Juul user could produce showing proof of purchase.

A lawyer representing the plaintiffs class did not immediately respond to a request for comment.

Vaping remains mired in controversy in the U.S., as e-cigarette companies and federal regulators continue to haggle over the products’ health effects and marketing guardrails. In June, the Food and Drug Administration rescinded an earlier ruling that effectively banned Juul products — but stopped short of greenlighting them for outright sale pending additional review of new health studies and case law.

This post appeared first on NBC NEWS
Previous Post

Trump attacks Harris with racist stereotype, eyes ‘extreme power’ as president

Next Post

Kamala Harris’s narrow opening with GOP-leaning voters

Next Post
Kamala Harris’s narrow opening with GOP-leaning voters

Kamala Harris’s narrow opening with GOP-leaning voters

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    • Trending
    • Comments
    • Latest

    Hacker lexicon: What is a supply chain attack?

    June 11, 2021

    Losing Depop to US ownership makes the British tech sector look secondhand

    June 11, 2021

    Andrew Lloyd Webber to sue the Government if theatres are not fully reopened from June 21

    June 11, 2021

    Microsoft’s Kate Crawford: ‘AI is neither artificial nor intelligent’

    June 11, 2021
    Buffett Hands Over Reins, What’s Next for Berkshire’s Capital Strategy?

    Buffett Hands Over Reins, What’s Next for Berkshire’s Capital Strategy?

    0

    Reply to “Reply to Whitehead” by Desvousges, Mathews and Train: (4) My treatment of the weighted WTP is biased in favor of the DMT (2015) result/conclusion

    0

    The 40 Weirdest (And Best) Charts We Made In This Long, Strange Year

    0

    Will The Debate Over $2,000 Stimulus Checks Help Democrats In Georgia?

    0
    Buffett Hands Over Reins, What’s Next for Berkshire’s Capital Strategy?

    Buffett Hands Over Reins, What’s Next for Berkshire’s Capital Strategy?

    May 10, 2025
    Triumph Gold Updates Shareholders on Operations, Engages Market Maker, and Grants Options

    Triumph Gold Updates Shareholders on Operations, Engages Market Maker, and Grants Options

    May 9, 2025
    Investing in Uranium ETFs: 9 Options for Uranium Exposure

    Investing in Uranium ETFs: 9 Options for Uranium Exposure

    May 9, 2025
    Crypto Market Recap: Bitcoin Breaks US$100,000 as ETF Inflows Rise, Coinbase Makes US$2.9 Billion Power Play

    Crypto Market Recap: Bitcoin Breaks US$100,000 as ETF Inflows Rise, Coinbase Makes US$2.9 Billion Power Play

    May 9, 2025

    Recent News

    Buffett Hands Over Reins, What’s Next for Berkshire’s Capital Strategy?

    Buffett Hands Over Reins, What’s Next for Berkshire’s Capital Strategy?

    May 10, 2025
    Triumph Gold Updates Shareholders on Operations, Engages Market Maker, and Grants Options

    Triumph Gold Updates Shareholders on Operations, Engages Market Maker, and Grants Options

    May 9, 2025
    Investing in Uranium ETFs: 9 Options for Uranium Exposure

    Investing in Uranium ETFs: 9 Options for Uranium Exposure

    May 9, 2025
    Crypto Market Recap: Bitcoin Breaks US$100,000 as ETF Inflows Rise, Coinbase Makes US$2.9 Billion Power Play

    Crypto Market Recap: Bitcoin Breaks US$100,000 as ETF Inflows Rise, Coinbase Makes US$2.9 Billion Power Play

    May 9, 2025

    Disclaimer: GlobalTrendsToday.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 globaltrendstoday.com | All Rights Reserved

    No Result
    View All Result
    • News
    • Economy
    • Investing
    • Stock
    • Editor’s Pick

    Copyright © 2025 globaltrendstoday.com | All Rights Reserved