E-cigarette company Juul settles over 5,000 lawsuits

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Electronic cigarette company Juul announced Tuesday that it has settled more than 5,000 lawsuits for an undisclosed amount.

The various lawsuits by more than 10,000 plaintiffs were consolidated in the U.S. District Court for the Northern District of California, with the lawsuits included dealing with personal injury, consumer class action, government entities, and Native American tribes.The e-cigarette company says the resolution of the lawsuits is part of"a series of steps to stabilize its business operations and address past legal issues.

Sarah London, a co-lead counsel for the plaintiffs in the lawsuits, says the settlement will give victims"meaningful compensation," in a statement Tuesday. “The scope of these suits is enormous,” London said. “These settlements will put meaningful compensation in hands of victims and their families, get real funds to schools for abatement programs, and help government and tribal entities prevent youth use of e-cigarettes across the U.S.”The latest settlement by Juul comes as the company is looking to resolve further legal troubles. Use of e-cigarettes continue to climb among young people with the FDA finding that 2.

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