Juul

Juul to pay $438 mln in teen vaping probe

Juul Labs will pay $438.5 million to settle a probe by 34 US states that found the vaping company marketed to underage smokers, state officials have announced.    

Under the agreement, which is still being finalized, Juul would provide payments over the next 6-10 years to individual U.S. states and pledge to not employ cartoons in ads or otherwise market to younger consumers.    

US orders all Juul vaping products off the market

The U.S. Food and Drug Administration on June 23 said it was ordering all products produced by Juul Labs off the market after finding the vaping giant had failed to address certain safety concerns.

The decision, which Juul said it would appeal, clears the way for rival brands to increase their share of the market it once dominated.