JUUL

Altria Presents as Part of the Consumer Analyst Group of New York Conference; Reaffirms 2024 Full-Year Earnings Guidance

Retrieved on: 
Wednesday, February 21, 2024
Agriculture, Natural Resources, Other Retail, Finance, Tobacco, Professional Services, Other Natural Resources, Retail, Artificial intelligence, Investment, NPM, Growth, Sale, JUUL, Pandemic, MST, Health, Climate change, Private sector, Webcast, Smoker, MSA, Marketing, GAAP, Uncertainty, EPS, Juul, Law enforcement, Information, Conference, Heated tobacco product, AB InBev, PM, Horizon, Acquisition, Annual report, Climate, FDA, Food, NJOY, Risk, Vision, Privacy, Helix

Altria Group, Inc. (Altria) (NYSE: MO) is participating in the Consumer Analyst Group of New York Conference in Boca Raton, Florida today.

Key Points: 
  • Altria Group, Inc. (Altria) (NYSE: MO) is participating in the Consumer Analyst Group of New York Conference in Boca Raton, Florida today.
  • A copy of the business presentation, prepared remarks and a replay of the webcast will be available at www.altria.com .
  • We expect 2024 adjusted diluted EPS growth to be weighted to the second half of the year.
  • While the 2024 full-year adjusted diluted EPS guidance accounts for a range of scenarios, the external environment remains dynamic.

National Survey Shows Drop in E-Cigarette Use Among High School Students

Retrieved on: 
Thursday, November 2, 2023
FDA, Sale, Fruit, Physical examination, Food, Health, Korea Disease Control and Prevention Agency, Tobacco smoking, Regulation of tobacco by the U.S. Food and Drug Administration, Conflict, Center for Tobacco Products, Ice, CMP, CDC, Candy, Public, Heated tobacco product, Menthol, JUUL, Tobacco

SILVER SPRING, Md., Nov. 2, 2023 /PRNewswire/ -- Today, the U.S. Food and Drug Administration and the Centers for Disease Control and Prevention (CDC), released data from the 2023 National Youth Tobacco Survey (NYTS) on tobacco product use among U.S. youth. The findings, which were collected between March and June 2023, show that 10% of U.S. middle and high school students (2.8 million youth) reported current use of any tobacco product.

Key Points: 
  • Among U.S. high school students, current overall tobacco product use declined during 2022-2023 (16.5% to 12.6%).
  • Among high school students, declines in current use were also observed during 2022-2023 for cigars and overall combustible tobacco smoking, representing all-time lows.
  • Although a decrease in e-cigarette use was observed among high school students, among middle school students there was an increase in current overall tobacco product use (4.5% to 6.6%) and multiple tobacco product use (1.5% to 2.5%).
  • E-cigarettes remained the most commonly used tobacco product among both high school and middle school students for the 10th year in a row.

Significant Decline in E-cigarette Use Among High School Students Indicates Progress, Yet Challenges Persist in Youth Tobacco Prevention

Retrieved on: 
Thursday, November 2, 2023
Smoke, Tobacco industry, FDA, Policy, Ageing, Truth Initiative, Food, Health, JAMA Internal Medicine, Report, Regulation of tobacco by the U.S. Food and Drug Administration, Research, Internal medicine, Tobacco, Smoking, JUUL, Curriculum, Risk, Electronic cigarette, Student, Marketing, School, Brain, Public, Culture, Centers for Disease Control and Prevention, Initiative, Nicotine, Mental health

WASHINGTON, Nov. 2, 2023 /PRNewswire/ -- The release of the 2023 National Youth Tobacco Survey (NYTS) marks a notable achievement in the fight against youth tobacco use. The data show a substantial reduction in current (past 30 day) e-cigarette use among high school students, dropping to 10.1% in 2023 versus 14.1% in 2022, the lowest point in almost a decade. As a result, current use of any tobacco product by high school students declined by an estimated 540,000 students, from 2.51 million in 2022 to 1.97 million in 2023.

Key Points: 
  • As a result, current use of any tobacco product by high school students declined by an estimated 540,000 students, from 2.51 million in 2022 to 1.97 million in 2023.
  • Multiple product use among middle school students has also increased with 2.5% of students reporting using more than one tobacco product, up from 1.5% in 2022.
  • With e-cigarettes remaining the most commonly used tobacco product among all youth since 2014, the survey also highlights the persistent concern of nicotine dependence.
  • Also making an impact is Truth Initiative's free digital curriculum, Vaping: Know the Truth , designed for middle and high school students.

Altria Seeks Importation Ban of JUUL E-Vapor Products; Files Patent Infringement Actions Against JUUL Labs

Retrieved on: 
Tuesday, August 22, 2023
Tobacco, Retail, 1836 U.S. Patent Office fire, MO, Philip Morris USA Inc. v. Williams, Patent, Smoker, Intellectual property, PM, General counsel, AB InBev, Marketing, Juul, United States International Trade Commission, ABI, Food, Marlboro, Uniloc USA, Inc. v. Microsoft Corp., Risk, Helix, Sale, JUUL, Complaint, Vision, District court, Investment, Annual report, ACE, Vail v. Juul Labs, Inc., MST, NJOY, Heated tobacco product, ITC, FDA, Horizon, Regulation of tobacco by the U.S. Food and Drug Administration, Douglas v. U.S. District Court ex rel Talk America, NYSE, Fūma Kotarō, John Middleton Co., Altria, Cronos

Altria Group, Inc. (NYSE: MO) today announces that its subsidiary, NJOY, has filed a complaint against JUUL Labs, Inc. (JUUL) with the U.S. International Trade Commission (ITC).

Key Points: 
  • Altria Group, Inc. (NYSE: MO) today announces that its subsidiary, NJOY, has filed a complaint against JUUL Labs, Inc. (JUUL) with the U.S. International Trade Commission (ITC).
  • The complaint seeks a ban on the importation and sale of certain JUUL e-vapor products, including its currently marketed JUUL device and JUULpods.
  • “Protecting our intellectual property is critical to achieving our Vision,” said Murray Garnick, Executive Vice President and General Counsel.
  • NJOY acquired the Asserted Patents from Fuma International, LLC (Fuma) concurrently with the settlement of a patent infringement lawsuit filed against us by Fuma.

Papa Names Jane Yu as Head of Trust and Safety, Remains Laser-Focused on Safely and Responsibly Growing its Platform

Retrieved on: 
Monday, August 21, 2023
Samsung Electronics, Papa, Policy, Electronics, Minor, Loneliness, JUUL, Harvard Business School, CFO, Juul, Family, Management, Nursing, Safety, Trust

MIAMI, Aug. 21, 2023 /PRNewswire/ -- Papa, a curated platform of companionship and support for older adults and families, announced today it has hired Jane Yu as its Head of Trust and Safety, to lead efforts to ensure continued security and safety among members and Papa Pals. Yu will report directly to Dani Bchara, Papa's COO and CFO, and partner cross-functionally with other Papa leaders and the Safety Advisory Board, which will be announced in the coming months. 

Key Points: 
  • This updated strategy was developed in collaboration with world-class trust and safety expert Robert Chesnut .
  • Yu also brings over a decade of experience in policy, business operations, and program management at Google and Samsung Electronics.
  • Her expertise in developing world-class safety programs and best practices will be invaluable for us," said Andrew Parker, Papa founder and CEO.
  • Yu has a personal passion for Papa's mission of providing sustainable care and support for older adults and their families.

Neinstein Personal Injury Lawyers Proud to Be a Recipient of Canadian Lawyer's 2023 Top 10 Personal Injury Boutique Law Firm Award

Retrieved on: 
Tuesday, June 6, 2023
KC, Law, Lawyer, Law society, JUUL, Social justice, Martindale-Hubbell, Social media, Practice of law, Nursing

TORONTO, June 6, 2023 /CNW/ - Neinstein Personal Injury Lawyers is once again honoured to be recognized as a Top 10 Personal Injury Boutique in Canada.

Key Points: 
  • TORONTO, June 6, 2023 /CNW/ - Neinstein Personal Injury Lawyers is once again honoured to be recognized as a Top 10 Personal Injury Boutique in Canada.
  • This marks the third consecutive year that the firm has been awarded the prestigious designation by Canadian Lawyers Magazine.
  • Neinstein LLP Proud to Be a Recipient of Canadian Lawyer's 2023 Top 10 Personal Injury Boutique Law Firm Award.
  • Neinstein Personal Injury Lawyers is particularly devoted to responding to the evolving problems faced by our most vulnerable communities.

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

Retrieved on: 
Wednesday, May 24, 2023
Vail v. Juul Labs, Inc., Social media, Nicotine, Minor, Personal injury, Marketing, Juul, JUUL, Tobacco, Online shopping

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.

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
Class Action Lawsuit, Professional Services, Legal, Keller Rohrback, Juul, Public, Marlboro, JCCP, JUUL, MDL, School, Philip Morris USA, Vail v. Juul Labs, Inc., City, Fraud, Personal injury, Herbal cigarette, Tobacco, Altria

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.“

Altria Announces Agreement to Resolve Vast Majority of JUUL-Related State and Federal Litigation

Retrieved on: 
Wednesday, May 10, 2023
Professional Services, Retail, Other Retail, Legal, Tobacco, Finance, MO, Philip Morris USA Inc. v. Williams, Uncertainty, Smoker, PM, Failure, General counsel, AB InBev, Tobacco Master Settlement Agreement, Marketing, ABI, Native, Marlboro, Risk, Helix, JUUL, Government, NYSE, District court, Investment, Annual report, MST, Heated tobacco product, Horizon, Douglas v. U.S. District Court ex rel Talk America, John Middleton Co., Altria Group, Inc. v. Good, Altria, Cronos

Altria Group, Inc. (Altria) (NYSE:MO) announces that we have reached agreement on terms to resolve at least 6,000 JUUL-related state and federal cases for $235 million.

Key Points: 
  • Altria Group, Inc. (Altria) (NYSE:MO) announces that we have reached agreement on terms to resolve at least 6,000 JUUL-related state and federal cases for $235 million.
  • “This settlement brings to a close the vast majority of our pending JUUL-related litigation.”
    In October 2019, the U.S.
  • These cases are covered by the agreement as well as cases in a related state court consolidated proceeding involving 750 cases.
  • Trademarks and service marks related to Altria referenced in this release are the property of Altria or its subsidiaries or are used with permission.

Girard Sharp and Co-Lead Counsel Announce $235 Million Comprehensive Settlement with Altria in National JUUL E-Cigarette Predatory Advertising, Addiction and Injury Cases

Retrieved on: 
Wednesday, May 10, 2023
Legal, Professional Services, Vail v. Juul Labs, Inc., Marketing, Parent, JCCP, Plaintiff, JUUL, Government, MDL, Sale, Settlement, Hearing, Personal injury, Court, Fraud, FDA, Herbal cigarette, Tobacco, Altria

Plaintiffs’ Co-Lead Counsel announce a comprehensive and historic $235 million settlement with Altria in the nationwide JUUL e-cigarette 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 nationwide JUUL e-cigarette vaping predatory advertising, fraud, addiction and injury litigation currently facing bellwether trial in San Francisco.
  • “This settlement represents a positive step forward in addressing the harmful impacts of vaping on the public,” said Girard Sharp partner Dena Sharp, Co-Lead Counsel for Plaintiffs in the litigation.
  • “The settlement funds will compensate JUUL purchasers, young people, parents, and governmental organizations across America, and avoids the delay and uncertainty of continued court proceedings.
  • Co-Lead Counsel believe that resolving the litigation against Altria through settlement is categorically in the best interests of all plaintiffs.