By Emily Field Law360 (June 23, 2022, 11:12 AM EDT) — The U.S. Food and Drug Administration on Thursday officially said it was ordering e-cigarette giant Juul‘s products off the market, capping off a two-year review process of its tobacco and menthol-flavored vaping products. Previously, the agency had delayed making a decision on the market titan, which has about […]
By Will Feuer Shares of cigarette giant Altria Group Inc. fell more than 7% in morning trading after The Wall Street Journal reported that the U.S. Food and Drug Administration is preparing to order Juul Labs Inc. to take its e-cigarettes off the U.S. market. In 2018, Altria spent nearly $13 billion taking a 35% […]
J&J subsidiary prefers to estimate value of talc claims in bankruptcy court Bankruptcy judge said he’s talked with other courts about re-opening cases Judge also approved hiring appellate attorney at “groundbreaking” $2,465 hourly rate (Reuters- By Dietrich Knauth) – A U.S. bankruptcy judge said Tuesday that he may allow some lawsuits that accuse Johnson & Johnson […]
(Reuters) – The United States is objecting to a Johnson & Johnson subsidiary’s bid to add Hogan Lovells partner Neal Katyal to its legal team in a high-stakes bankruptcy case, citing his hourly rate of $2,465 — a possible new legal industry high. Johnson & Johnson is using the proceedings to try to resolve claims […]
Increase in tobacco use among underaged U.S. youth parallels 1990s epidemic, before tobacco control policies were implemented A 2017 surge in e-cigarette sales is associated with the introduction of a high-nicotine e-cigarette manufactured by JUUL. More than 1 million United States youth aged 14 to 17 years old in 2017 became new daily tobacco users […]