Juul

Chobani Strengthens Executive Leadership Team, Appointing Tom Cullen as Chief Information Officer

Retrieved on: 
Monday, July 24, 2023

NEW BERLIN, N.Y., July 24, 2023 /PRNewswire/ -- Chobani, the modern food company originally known for its Greek yogurt, has named Tom Cullen Chief Information Officer.

Key Points: 
  • NEW BERLIN, N.Y., July 24, 2023 /PRNewswire/ -- Chobani, the modern food company originally known for its Greek yogurt, has named Tom Cullen Chief Information Officer.
  • Cullen, who will report to Kevin Burns, President and Chief Operations Officer, will be responsible for the design and execution of best-in-class information systems and technological capabilities to fuel innovation and efficient operations ensuring Chobani has a competitive edge in the market.
  • Tom Cullen added: "I am excited to join Chobani, a mission-driven brand and company I have long admired.
  • Prior to joining Chobani, Cullen served as Chief Information Officer at Corsair, a leading global developer and manufacturer of high-performance gaming and streaming gear, where he played a critical role leading their digital technology transformation strategy and journey.

Legal-Bay Pre-Settlement Funding Announces Updates to Ongoing JUUL Lawsuits

Retrieved on: 
Wednesday, May 24, 2023

SACRAMENTO, Calif., May 24, 2023 /PRNewswire/ -- Legal-Bay LLC, the premier Pre Settlement Funding Company, reports that JUUL Labs, Inc. has agreed to pay $40MM to the state of California due to allegations of deceptive marketing for their electronic cigarette product. Many of these lawsuits allege that JUUL's marketing tactics were specifically designed to appeal to young people via social media campaigns and influencer partnerships, utilizing flashy advertising and sweet flavors to present a product that would be attractive to minors, leading to nicotine addiction and other health-related concerns.

Key Points: 
  • Along with the $40MM payout, JUUL agreed to implement significant changes in their business practices, including restricting advertising to adults and improving age-verification procedures.
  • Chris Janish, CEO of Legal-Bay, commented, "The recent JUUL lawsuits and settlements highlight the need for greater regulation and oversight in the electronic cigarette industry.
  • After years of monitoring these cases, Legal-Bay stands at the forefront against companies like JUUL, and are proud to be the first funding company in the industry to fully open funding for these cases."
  • Their lawsuit funding programs are designed to provide immediate cash in advance of a plaintiff's anticipated monetary award.

Wagstaff & Cartmell Clients Resolve Major Litigation Against Tobacco Giant Altria Group

Retrieved on: 
Friday, May 12, 2023

Plaintiffs, including Wagstaff & Cartmell clients, previously settled in a confidential settlement with Juul Labs and five of its key directors and major investors.

Key Points: 
  • Plaintiffs, including Wagstaff & Cartmell clients, previously settled in a confidential settlement with Juul Labs and five of its key directors and major investors.
  • Wagstaff & Cartmell Founding Partner Tom Cartmell was lead trial counsel for SFUSD and was lead counsel for many other school districts and young people in this litigation.
  • Wagstaff & Cartmell was the first law firm in the United States to file lawsuits against JUUL Labs and Altria on behalf of school districts.
  • Wagstaff & Cartmell Partner Jon Kieffer, who also played a major role in the litigation, said, "We take great pride in this result.

Keller Rohrback L.L.P.: Altria Agrees in Principle to $235 Million Settlement in Nationwide JUUL E-Cigarette Youth Vaping Litigation

Retrieved on: 
Thursday, May 11, 2023

Keller Rohrback is thrilled to announce a $235 million settlement with Altria and related companies, in the massive nation-wide JUUL e-cigarette youth vaping predatory advertising, fraud, addiction and injury litigation: In re JUUL Labs, Inc.

Key Points: 
  • Keller Rohrback is thrilled to announce a $235 million settlement with Altria and related companies, in the massive nation-wide JUUL e-cigarette youth vaping predatory advertising, fraud, addiction and injury litigation: In re JUUL Labs, Inc.
  • They were also one the major investors in the JUUL e-cigarette company and one of the largest tobacco companies in the world.
  • The combined settlement proceeds will go toward directly addressing the youth use of e-cigarettes nationwide.
  • Youth vaping remains a serious problem in our schools and communities, and this settlement will provide needed funds to address this pressing public health problem.“

Lieff Cabraser and Co-Lead Counsel Announce Historic $235M Comprehensive Settlement with Altria in National JUUL Youth E-Cigarette Predatory Advertising, Addiction and Injury Cases

Retrieved on: 
Wednesday, May 10, 2023

Plaintiffs’ Co-Lead Counsel announce a comprehensive and historic $235 million settlement with Altria in the sprawling nationwide JUUL e-cigarette youth vaping predatory advertising, fraud, addiction and injury litigation currently facing bellwether trial in San Francisco.

Key Points: 
  • Plaintiffs’ Co-Lead Counsel announce a comprehensive and historic $235 million settlement with Altria in the sprawling nationwide JUUL e-cigarette youth vaping predatory advertising, fraud, addiction and injury litigation currently facing bellwether trial in San Francisco.
  • “To call this global settlement with Altria momentous is an understatement,” states Lieff Cabraser partner Sarah R. London, Co-Lead Counsel for Plaintiffs in the litigation.
  • The Altria settlements include over 8,500 personal injury cases, and over 1,400 government entity cases, and a massive class of consumers.
  • If the settlement receives preliminary approval, a Class Settlement Administrator will be appointed to structure and initiate a formal claims process.

Provi Welcomes Former Visa and JUUL Labs Executive As SVP of Strategy and Finance

Retrieved on: 
Wednesday, March 29, 2023

Batchan previously served in executive and leadership roles at JUUL Labs, NVIDIA, Visa, and Accenture.

Key Points: 
  • Batchan previously served in executive and leadership roles at JUUL Labs, NVIDIA, Visa, and Accenture.
  • He joins Provi with an extensive background in strategy, corporate development, and general management.
  • View the full release here: https://www.businesswire.com/news/home/20230329005632/en/
    Most recently, Batchan served in a variety of Vice President roles at JUUL Labs, overseeing several business units during his tenure.
  • Prior to that, Batchan was Director, Global Corporate Strategy and M&A at Visa and a strategy consultant at Accenture.

A $255 Million Settlement has been reached with JUUL Labs, Inc. making money available for those who bought a JUUL Product before December 7, 2022. Litigation continues against Altria.

Retrieved on: 
Thursday, March 16, 2023

A $255 million settlement has been reached in the lawsuit with JUUL Labs, Inc. and related individuals and entities.

Key Points: 
  • A $255 million settlement has been reached in the lawsuit with JUUL Labs, Inc. and related individuals and entities.
  • The lawsuit will continue against them, and JUUL purchasers' rights may be impacted by that ongoing litigation.
  • Payments will be based on how much each claimant spent on JUUL products compared to other Settlement Class members.
  • A full list of the products included in the Settlement and the ongoing litigation, as well as other important documents, are also available at www.JUULclassaction.com .

Altria Exchanges Minority Stake in JUUL Labs for Heated Tobacco Intellectual Property Rights

Retrieved on: 
Friday, March 3, 2023

Altria Group, Inc. (NYSE:MO) announces that we have exchanged our entire minority economic investment in JUUL Labs, Inc. (JUUL) for a non-exclusive, irrevocable global license to certain of JUUL’s heated tobacco intellectual property (Agreement).

Key Points: 
  • Altria Group, Inc. (NYSE:MO) announces that we have exchanged our entire minority economic investment in JUUL Labs, Inc. (JUUL) for a non-exclusive, irrevocable global license to certain of JUUL’s heated tobacco intellectual property (Agreement).
  • “We believe exchanging our JUUL ownership for intellectual property rights is the appropriate path forward for our business,” said Billy Gifford, Altria’s Chief Executive Officer.
  • “JUUL faces significant regulatory and legal challenges and uncertainties, many of which could exist for many years.
  • Trademarks and service marks related to Altria referenced in this release are the property of Altria or its subsidiaries or are used with permission.

Altria to Conduct an Equity and Civil Rights Assessment

Retrieved on: 
Thursday, January 12, 2023

Altria Group, Inc. (NYSE: MO) today announces that we will conduct an equity and civil rights assessment (Assessment).

Key Points: 
  • Altria Group, Inc. (NYSE: MO) today announces that we will conduct an equity and civil rights assessment (Assessment).
  • The Assessment follows last year’s passage of a shareholder proposal recommending Altria commission a civil rights equity audit and seeks to address feedback received from recent robust shareholder engagement.
  • The Assessment will include an evaluation of these policies, practices, programs and services on communities of color and youth, as well as our inclusion, diversity and equity (ID&E) progress.
  • We intend to seek input from key stakeholders, such as investors, shareholder proponents, employees, customers, suppliers, community partners, policy makers and civil rights organizations.

Former Constellation and Beam Suntory Executive, Bob Robbins, Joins Provi as President and Chief Operating Officer

Retrieved on: 
Tuesday, January 10, 2023

CHICAGO, Jan. 10, 2023 /PRNewswire/ -- Provi , the largest ecommerce marketplace for the beverage alcohol industry, today announced Bob Robbins as the company's new President and Chief Operating Officer.

Key Points: 
  • CHICAGO, Jan. 10, 2023 /PRNewswire/ -- Provi , the largest ecommerce marketplace for the beverage alcohol industry, today announced Bob Robbins as the company's new President and Chief Operating Officer.
  • Robbins previously served in executive and leadership roles at Juul Labs, Constellation Brands, Beam Suntory, McKinsey & Company, and the U.S. Navy.
  • Robbins then ran wholesale contract negotiations, route-to-market strategy, sales operations, data analytics    reporting, field sales and marketing in California at Beam Suntory.
  • As the President and Chief Operating Officer, Robbins, who reports directly to Provi's Founder and CEO, Taylor Katzman, will oversee the company's day-to-day operations and long-term growth.