Juul Ordered to Pay , $440 Million, in Teen Vaping Settlement.<br />Electronic cigarette maker Juul Labs will pay a $440 <br />million settlement to end a two-year investigation <br />into the company's marketing of its vaping products.<br />'The Guardian' reports that the 33-state <br />investigation comes after the company was <br />blamed for sparking a national surge in teen vaping.<br />The nearly $440 million deal was <br />announced on September 6 by William Tong, <br />the Connecticut attorney general.<br />The nearly $440 million deal was <br />announced on September 6 by William Tong, <br />the Connecticut attorney general.<br />The investigation reportedly looked into Juul's early promotions and claims regarding the safety and benefits of its product as a smoking alternative.<br />The investigation reportedly looked into Juul's early promotions and claims regarding the safety and benefits of its product as a smoking alternative.<br />Following the settlement, Juul still faces<br />nine separate lawsuits from other states.<br />In addition to these state lawsuits, the company is also facing <br />hundreds of personal suits brought on behalf of consumers <br />who say they became addicted to the company's products.<br />In addition to these state lawsuits, the company is also facing <br />hundreds of personal suits brought on behalf of consumers <br />who say they became addicted to the company's products.<br />Through this settlement, we have secured <br />hundreds of millions of dollars to help <br />reduce nicotine use and forced Juul <br />to accept a series of strict injunctive <br />terms to end youth marketing <br />and crack down on underage sales, William Tong, Connecticut attorney general, via 'The Guardian'.<br />'The Guardian' reports that <br />the $438.5 million settlement will be <br />paid out over a period of six to ten years.<br />This summer, the Food and Drug <br />Administration moved to ban all <br />Juul vaping products from the market. .<br />An ongoing FDA review is one part of a sweeping effort to regulate the multimillion-dollar vaping industry following years of regulatory delay
