The Federal Trade Commission is investigating the marketing practices of e-cigarette maker Juul Labs Inc sending shares of tobacco stocks down, a ...
WASHINGTON: The Federal Trade Commission is investigating the marketing practices of e-cigarette maker Juul Labs Inc sending shares of tobacco stocks down, a person briefed on the matter said Thursday.
The U.S. House of Representatives and some state attorneys general have also launched separate investigations into the company's promotion practices. Last year, the Food and Drug Administration conducted a surprise inspection at Juul's San Francisco headquarter and seized documents. The company"never marketed to youth" but has changed its advertising to feature adult smokers aged 35 and above, and has stopped promoting on social media, the spokesman added.A May 2019 court filing from lawyers, who filed a proposed class action lawsuit against Juul on behalf of customers, disclosed that an unnamed government agency was investigating the company's marketing practices.
The filing said that while Juul had not turned over documents about its marketing practices to the lawyers, it"has presumably already gathered and produced many of these documents in response to investigatory demands from the FDA, , and Attorneys General for California, Massachusetts, and Washington, as well as the Los Angeles District Attorney."
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