Juul Agrees to Pay $40M to Settle North Carolina AG’s Lawsuit

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North Carolina, the first state to sue electronic cigarette maker Juul Labs Inc., reached a $ 40 million settlement on the eve of a scheduled trial.

The proposed consent decree, announced in court on Monday, comes as a trial in the case, which has been scheduled for July 12th. The deal includes payments that Juul plans to make over six years.

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