Juul has announced a settlement that will cover more than 5000 lawsuits. The company was sued by American Indian tribes, municipalities, school districts, and individuals on different grounds.
The settlement which runs into a billion dollars will cover the American Indian tribes, personal injury, government entities, and consumer class actions.
While the company’s woes almost forced it to file for bankruptcy, they have received new investments to cover the settlements and stabilize its operations. However, …
