Juul Labs wants to pay $255m to resolve claims that it deceptively marketed e-cigarettes, ending a significant class action lawsuit that’s part of an even bigger legal case against the company. The proposed settlement still needs final approval, but a judge gave preliminary approval on 20th January.
The Wall Street Journal has revealed that Juul is in early talks with three tobacco giants about a potential sale, investment or partnership, according to those familiar with the matter.