US sues to force Altria to unwind investment in JUUL

📆 2020-04-01 10:20 PM
📰 ChannelNewsAsia

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The U.S. Federal Trade Commission said on Wednesday that it had filed a complaint aimed at forcing Altria Group to sell its US$12.8 billion ...

The U.S. Federal Trade Commission said on Wednesday that it had filed a complaint aimed at forcing Altria Group to sell its US$12.8 billion investment in e-cigarette maker JUUL.

FILE PHOTO: Federal Trade Commission seal is seen at a news conference to announce that Facebook Inc has agreed to a settlement of allegations it mishandled user privacy at FTC Headquarters in Washington, U.S., July 24, 2019. REUTERS/Yuri GripasWASHINGTON: The U.S. Federal Trade Commission said on Wednesday that it had filed a complaint aimed at forcing Altria Group to sell its US$12.8 billion investment in e-cigarette maker JUUL.

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