Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

North Carolina Attorney General sues Juul for targeting youth

Published 05/15/2019, 10:22 PM
Updated 05/15/2019, 10:22 PM
© Reuters. Juul brand vaping pens are seen for sale in a shop in Manhattan in New York City

(Reuters) - North Carolina's Attorney General filed a lawsuit against Juul Labs Inc on Wednesday, piling more pressure on the biggest U.S. e-cigarette maker that is already under intense scrutiny for its products' usage among teenagers.

Josh Stein, the first state attorney general to sue Juul, said the company's targeted marketing toward youth, while downplaying the potential harm its products can cause, resulted in an "epidemic" of vaping among minors.

Stein announced an investigation into Juul last October looking into its marketing practices and retail partners.

Juul's e-cigarettes resemble USB flash drives and work by vaporizing a nicotine-laced liquid.

Stein said he shared information from his investigation with other states and would not be surprised if they followed North Carolina's lead.

A Juul spokesman said the company had not yet reviewed the lawsuit, but has been cooperating with Stein's office.

E-cigarette makers are already under pressure from the U.S. Food and Drug Administration (FDA), which laid out plans in March to clamp down on the use of the popular nicotine devices among teens.

Juul, in which Marlboro maker Altria Group (NYSE:MO) has a 35 percent stake, has already pulled popular flavors such as mango and cucumber from retail store shelves and shut down its social media channels on Instagram and Facebook (NASDAQ:FB).

Stein said he is requesting the North Carolina State Court to require Juul to limit the flavors sold in the state and delete customer data for those below 18. He also requested Juul pay civil penalties.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.