E-cigarette maker Juul has settled more than 5,000 lawsuits involving approximately 10,000 plaintiffs for an undisclosed amount, the company announced on Dec. 6.
The lawsuits were filed against Juul Labs and its officers and directors, and the settlement resolves claims of personal injury, consumer class action, government entity, and Native American tribes.
The company said that it cannot disclose the amount of the settlement at this time due to the court process, but noted that it has “secured an equity investment to fund the resolution.”
“Over the past year, Juul Labs also has settled with 37 states and territories, and we remain in ongoing discussions with other key stakeholders to resolve the remaining litigation,” the company said.
Surge in Teen Vaping
The investigation found that the company had marked its e-cigarettes to underage teens via launch parties, product giveaways, and adverts on social media that featured young models, according to officials.The company also said that it had appealed a decision by the Food and Drug Administration (FDA) to remove its products from stores in the United States due to concerns over toxicology levels, noting that the appeal was based on “science and evidence.”
“We believe that once the FDA does a complete review of all of the science and evidence presented, as required by law, and without political interference, we should receive marketing authorization,” the company said.
The e-cigarette maker subsequently filed a lawsuit against the FDA after the agency allegedly refused to hand over supporting documents to Juul pertaining to the FDA’s reasoning behind the ban.