WARNING:This product contains nicotine. Nicotine is an addictive chemical.
Store

The investor's lawsuit against Juul e-cigarette company was dismissed

2021/01/25|Knowledge

According to pixabay, a judge in the Florida District Court recently dismissed a lawsuit against Greenlane holdings, a well-known e-cigarette company in the United States.

According to reports, this is a class action case initiated by investors. They claimed that the e-cigarette dealer should provide investors with such an important information before it publishes its listed shares, that is, the United States plans to implement the relevant ban on e-cigarettes.

However, for the class action case, the judge of the district court ruled that the distribution and distributors of Juul labs e-cigarettes were not obliged to announce to investors a motion on the ban on e-cigarettes that was being heard at that time before its IPO. In fact, the e-cigarette company has pointed out in its investment statement that investors should be aware of the risks of government regulation of the tobacco industry.

Contact us

Follow us