Civil Litigation
Jan. 10, 2020
Board member files putative class action against JUUL
A JUUL Labs board member has filed a proposed class action alleging the company’s co-founders purposefully tanked the vape manufacturer’s stock price after paying themselves exorbitant sums not shared with minority board members.
A JUUL Labs board member has filed a proposed class action alleging the company's co-founders purposefully tanked the vape manufacturer's stock price after paying themselves exorbitant sums not shared with minority board members.
Eight named defendants, representing the controlling members of JUUL' s board, including co-founders Adam Bowen and James Monsees, should be forced by the court to release annual reports and pay punitive damages to minor members...
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