Juul Settles fo’ $462 Million: End of E-cigarette Litigation fo’ Youths 🚭💰👨👩👧👦
Aloha kākou! Da big news stay coming! Juul Labs, da e-cigarette guys, wen settle fo’ $462 million wit New York, California, an’ plenny oddah states. 😲
Da ting end one mass lawsuit ova how dey wen market da e-cigarettes to da keiki. 💨👦👧 Now, dey gotta pay out billions of dollahs to da states, cities, an’ peepo. 💸💸
New York, California, an’ oddah states wen announce da big kine settlement on Wednesday, aftah claimin’ Juul wen go all out marketing da vapes to da young’uns an’ causing one vaping crisis. 🚨
Da agreement pau plenny legal wahala fo’ Juul. Dey wen settle wit 47 states, territories, an’ 5,000 individuals an’ local gubbments. Dey still get one unusual kine case in Minnesota, dough. 🏛️
So far, Juul wen spock almose $3 billion fo’ settle all dis. Dat’s plenny kala fo’ one company still looking fo’ approval from da big guys fo’ keep selling deir stuff. 💰📈
Dis latest settlement take care all da claims from New York, California, Colorado, da District of Columbia, Illinois, Massachusetts, an’ New Mexico. 🗺️
All deez places wen sue Juul fo’ no telling da keiki dat da high levels of nicotine in da e-cigarettes stay addicting. 😠
California wen claim Juul neva say dey get nicotine in deir advertising fo’ months. Da lawsuits wen show how dey wen give out free samples back in 2015 at all da cool kine events. 🎉
New York wen talk about how Juul wen use social media hashtags like #LightsCameraVapor fo’ catch da keiki attention. 📱
Da attorneys general wen investigate an’ wen find dat Juul execs wen know dat deir marketing wen hook da teens, but neva do much wen da young vaping rate wen explode. 💣
In New York City an’ da Hamptons, Juul wen throw big, fancy parties an’ wen make peepo tink deir vapes stay mo’ safe den cigarettes an’ get less nicotine. ❌ But dat stay all lies, yeah? Da attorney general fo’ New York, Letitia James, wen say dat. 🗣️
New York gonna get almose $113 million from da deal, an’ California gonna score da biggest piece, wit almose $176 million. 🤑
Da state attorney general fo’ California, Rob Bonta, wen say Juul wen use da same tricks as Big Tobacco fo’ hook da keiki on nicotine aftah da numba of young peepo smoking wen go down. 🚬
Juul’s spokesman, Austin Finan, wen say dey neva admit fo’ do wrong in da agreement. But he say da underage use of deir products wen go down by about 95 percent. 📉
Juul wen sell all kine ono flavors, like mango an’ crème brûlée, an’ back in 2019, dey wen make plenny kala an’ stay worth about $38 billion. 🍨 But den wen come out dat 27.5 percent of high school students wen use e-cigarettes, wit mo’ den half of ’em choosing Juum fo’ Juul. Da company wen change how dey market demself, no mo’ as one trend-maker, but as one company fo’ help da adults go away from da old school kine cigarettes. 🚭
Da vaping crisis among da teens wen go down since 2019, but health experts still worry dat about 2.5 million keiki stay using e-cigarettes, an’ da rate stay way higha den da adults. 😥
Da Centers for Disease Control an’ Prevention say about 4.5 percent of adults use e-cigarettes. One survey fo’ middle an’ high school students show dat in 2022, about 9 percent of ’em wen use e-cigarettes in da last 30 days. 📊
Da numba stay goin’ down, but still get peepo who no like e-cigarettes wen trip out ova how much da high school students stay using ’em, wit almose half sayin’ dey vape on 20 to 30 days a month. 😨
Juul wen agree fo’ take out plenny of deir flavored products from da market, an’ dat wen make dem lose deir big sales powah. Oddah companies wen come in an’ take ova da space. 🏭
Now get all kine e-cigarette companies selling all kine ono flavors like key lime cookie, apple juice, an’ strawberry ice cream. 🍧 Da Food and Drug Administration stay get one hard time tryin’ fo’ control all dis. 🤔
Dis new settlement wit da big states stay da end of Juul tryin’ fo’ settle plenny lawsuits from individuals an’ oddah peepo in da last few years. 📆
Juul wen settle wit West Virginia fo’ $7.9 million dis month, an’ in December, dey wen agree fo’ pay $1.7 billion ova lawsuits from mo’ den 5,000 peepo, schools, an’ local gubbments. In September, dey wen settle lawsuits from mo’ den 30 states fo’ $438.5 million. 💵
Da latest settlement also tell Juul fo’ no market to da young’uns an’ stop giving out free or cheap kine products. Dey also no can use “product placement” in virtual reality, like how dey wen do befo’. 🚫
Juul still stay struggling fo’ find deir way, dough. In 2018, dey wen get almose $1 billion in revenue, but now dey stay behind Vuse, owned by British American Tobacco. 🏦
Da big tobacco company Altria wen put plenny hope in Juul fo’ deir smokeless future. Dey wen pay almose $13 billion fo’ one 35 percent stake in Juul, only fo’ see ’em become da target fo’ all kine investigations an’ lawsuits. 🎯 Altria wen value dat stake at $250 million, an’ dis year, dey wen trade ’em fo’ Juul’s heated-tobacco device intellectual property. 🔄
Fo’ long time, peepo wen tink Juul going go bankrupt. But den two of deir directors wen give ’em mo’ money, an’ dey wen cut about one-third of deir workers, about 400 peepo. 💼
Juul still stay waiting fo’ da Food and Drug Administration fo’ let ’em know if dey can sell deir products fo’ good. Da FDA stay only approve about two dozen vaping products so far, but still get millions of ’em out dea.
NOW IN ENGLISH
Juul Settles for $462 Million: End of E-cigarette Litigation for Youths 🚭💰👨👩👧👦
Hello everyone! The big news is here! Juul Labs, the e-cigarette company, has settled for $462 million with New York, California, and many other states. 😲
This ends a massive lawsuit regarding their marketing of e-cigarettes to children. 💨👦👧 Now, they have to pay out billions of dollars to states, cities, and people. 💸💸
New York, California, and other states announced the large settlement on Wednesday, after claiming Juul went all out marketing the vapes to youngsters and causing a vaping crisis. 🚨
The agreement resolves many legal troubles for Juul. They settled with 47 states, territories, and 5,000 individuals and local governments. They still have an unusual case in Minnesota, though. 🏛️
So far, Juul has spent almost $3 billion to settle all this. That’s a lot of money for a company still seeking approval from the authorities to continue selling their products. 💰📈
This latest settlement takes care of all the claims from New York, California, Colorado, the District of Columbia, Illinois, Massachusetts, and New Mexico. 🗺️
All these places sued Juul for not informing children that the high levels of nicotine in e-cigarettes are addictive. 😠
California claimed Juul never mentioned nicotine in their advertising for months. The lawsuits showed how they gave out free samples back in 2015 at all the trendy events. 🎉
New York talked about how Juul used social media hashtags like #LightsCameraVapor to catch children’s attention. 📱
The attorneys general investigated and found that Juul executives knew their marketing hooked teens, but did little when the young vaping rate exploded. 💣
In New York City and the Hamptons, Juul threw big, fancy parties and made people think their vapes were safer than cigarettes and had less nicotine. ❌ But that was all lies, right? New York’s attorney general, Letitia James, said that. 🗣️
New York will get almost $113 million from the deal, and California will receive the largest share, with almost $176 million. 🤑
The state attorney general for California, Rob Bonta, said Juul used the same tricks as Big Tobacco to hook children on nicotine after the number of young people smoking went down. 🚬
Juul’s spokesman, Austin Finan, said they never admitted to wrongdoing in the agreement. But he said the underage use of their products went down by about 95 percent. 📉
Juul sold all kinds of delicious flavors, like mango and crème brûlée, and back in 2019, they made a lot of money and were worth about $38 billion. 🍨 But then it was revealed that 27.5 percent of high school students used e-cigarettes, with more than half of them choosing Juul. The company changed how they marketed themselves, not as a trendsetter but as a company to help adults move away from traditional cigarettes. 🚭
The vaping crisis among teenagers has declined since 2019, but health experts still worry that about 2.5 million children are using e-cigarettes, and the rate is much higher than adults. 😥
The Centers for Disease Control and Prevention say about 4.5 percent of adults use e-cigarettes. A survey for middle and high school students shows that in 2022, about 9 percent of them used e-cigarettes in the last 30 days. 📊
The number is decreasing, but people are still concerned about the high usage among high school students, with almost half saying they vape on 20 to 30 days a month. 😨
Juul agreed to remove many of their flavored products from the market, which caused them to lose significant sales power. Other companies stepped in and took over the space. 🏭
Now, there are various e-cigarette companies selling all sorts of tasty flavors like key lime cookie, apple juice, and strawberry ice cream. 🍧 The Food and Drug Administration is having a hard time trying to control all of this. 🤔
This new settlement with the big states marks the end of Juul’s efforts to settle numerous lawsuits from individuals and others in the past few years. 📆
Juul settled with West Virginia for $7.9 million this month, and in December, they agreed to pay $1.7 billion over lawsuits from more than 5,000 people, schools, and local governments. In September, they settled lawsuits from more than 30 states for $438.5 million. 💵
The latest settlement also requires Juul not to market to youngsters and stop giving out free or discounted products. They also can’t use “product placement” in virtual reality, as they did before. 🚫
Juul is still struggling to find their way, though. In 2018, they had almost $1 billion in revenue, but now they are behind Vuse, owned by British American Tobacco. 🏦
The large tobacco company Altria had high hopes for Juul as their smokeless future. They paid almost $13 billion for a 35 percent stake in Juul, only to see them become the target of multiple investigations and lawsuits. 🎯 Altria valued that stake at $250 million, and this year, they traded it for Juul’s heated-tobacco device intellectual property. 🔄
For a long time, people thought Juul would go bankrupt. But then two of their directors provided more money, and they cut about one-third of their workforce, about 400 people. 💼
Juul is still waiting for the Food and Drug Administration to let them know if they can sell their products for good. The FDA has only approved about two dozen vaping products so far, but there are still millions of them out there.
