Juul Does Not Admit Wrong, but Settles for $40 Million with NC
E-Cigarette maker Juul has agreed to settle a two-year-old lawsuit filed against it by the state of North Carolina. The case claimed the company targeted young people with its marketing efforts and misrepresented the dangers of nicotine. In the $40 million settlement, Juul does not admit any wrongdoing. The company agrees to pay the state $13 million within 30 days and the remaining $27 million over six years. The money will be used to help youth kick the habit of using e-cigarettes.