The attorney general's office has announced how part of the settlement from electronic cigarette-maker Juul Labs Inc. will be used.
New York Attorney General Letitia James has issued an update on how some of the settlement funds from electronic cigarette-maker Juul Labs Inc. will be spent.Last year, the company agreed to pay $462 million to New York, California, Colorado, Illinois, Massachusetts, New Mexico and Washington, D.C., to settle a lawsuit over the way it marketed addictive nicotine products. New York is set to receive $112.7 million from the settlement.On Wednesday, James' office announced that $27.
'New York City Mayor Eric Adams said in the statement, 'Today, we are taking millions in dollars from JUUL Labs and investing it directly into the community and in our youth through prevention, education, and enforcement efforts.'He added: 'JUUL Labs has raked in billions of dollars while creating a public health crisis and putting thousands of teenagers on the path to addiction.
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