Litigation & Arbitration
Dec. 20, 2022
Juul’s top investor heads to trial despite 5000 lawsuit settlement
Altria faces April trial despite Juul settlement for ‘marketing to minors’ case.
As a federal judge began approving the settlement agreements between Juul Labs Inc. and more than 10,000 plaintiffs on Monday, the company’s largest investor, Altria Group Inc., prepares for trial in April, defending against the same accusations, marketing to minors.
Altria, which is the parent company of Phillip Morris USA, one of the world’s largest tobacco product producers, was not part of the settlement Juul reached to dispose of 5,00...
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