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Reading: Customers are “shocked” by the huge rewards from the Juul deal.
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Baner Club > Blog > Business > Customers are “shocked” by the huge rewards from the Juul deal.
Business

Customers are “shocked” by the huge rewards from the Juul deal.

When Howard Feinstein filed a lawsuit against Juul Labs, alleging that the vaping firm had misled consumers about the addictiveness and safety of its products, he didn't have high expectations.

Last updated: 2024/10/24 at 9:35 AM
Published October 24, 2024
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Then his bank account was hit with over $3,000 (£2,320).

“At first, I thought it was fake,” the 55-year-old Washington state real estate agent stated. “I was absolutely shocked.”

Due to a more than $300 million court settlement that was ultimately authorized earlier this year, the company is paying more than 800,000 to its former clients, including the payment made to Mr. Feinstein this week.

Dena Sharp of the San Francisco legal firm Girard & Sharp stated that the average reward is roughly $240, with payouts ranging from $15 to over $10,000.

Checks for the settlement, which involves Juul and the tobacco giant Altria, which once owned a significant portion of the business, began to be mailed late last week. On Monday, electronic payments were introduced.

Over the next days, more payments will be made, according to Ms. Sharp.

She added, “Please hold on to your patience and allow us some time to process these claims.”

Only roughly 842,000 of the more than 14 million claims that were filed with the court were formally verified.

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BanerClub October 24, 2024 October 24, 2024
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