A few days later, Altria announced a $2.75 billion investment in rival electronic cigarette startup NJOY. Altria completed its divestiture this month and says it effectively lost its $12.8 billion investment. Minnesota added tobacco industry giant Altria, which formerly owned a minority stake in Juul, as a co-defendant in 2020. Juul has faced thousands of lawsuits nationwide but most have settled, including 39 with other states and U.S. But he said when he announced the lawsuit that it could be in the ballpark with Minnesota’s landmark $7.1 billion settlement with the tobacco industry in 1998. Ellison has declined to put a dollar figure on how much money the state is seeking in damages and civil penalties. Minnesota sued Juul in 2019, accusing the San Francisco-based company of unlawfully targeting young people with its products to get a new generation addicted to nicotine. MINNEAPOLIS (AP) - Minnesota Attorney General Keith Ellison is slated to lead off opening statements expected for Tuesday in his state’s lawsuit against Juul Labs – marking the first time any of the thousands of cases against the e-cigarette maker over its alleged marketing to young people is going to play out in a courtroom.
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