According to a report from Yahoo News on June 13th, New York City will receive $27 million from a settlement agreement with Juul Labs.
In April of this year, the company was ordered to pay a total of $4.62 billion in damages, with the City of New York receiving $1.127 billion as part of the total compensation from e-cigarette settlements in the state. Additionally, five other states, including California and Illinois, as well as the District of Columbia, will also receive a portion of the compensation.
New York State Governor Letitia James sued Juul Labs in 2019 for deceptive and misleading marketing. She announced on Wednesday that the funds from the settlement will be used for education, prevention, and research and enforcement projects aimed at preventing children and young people from smoking.
In New York City, the majority of the funding received (14.9 million US dollars) will be used for schools. It is not yet clear how the remaining funds will be used by the administration of Mayor Eric Leroy Adams, but it is expected that they may be used for law enforcement efforts and public health research. Deputy Mayor Fabien Levy says that there are restrictions on how the money can be used, with permissible options including preventing e-cigarette use, smoking cessation, and law enforcement.
One possible use of the funds is to handle seized e-cigarette products.
City Councilmember Gale Brewer pointed out on Wednesday that handling these products remains a challenge due to the associated costs.
We welcome news tips, article submissions, interview requests, or comments on this piece.
Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn
Notice
1. This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.
2. The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.
3. This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.
4. Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.
Copyright
This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.
For copyright-related inquiries, please contact: info@2firsts.com
AI Assistance Disclaimer
This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.
We welcome any corrections or feedback. Please contact us at: info@2firsts.com
