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The Associated Press

Juul settles more than 5,000 lawsuits over its vaping products

Juul Vaping Juul Labs Altria FDA
Juul products are displayed at a smoke shop in New York on Dec. 20, 2018. (Seth Wenig/AP)

Juul Labs has reached settlements covering more than 5,000 cases brought by about 10,000 plaintiffs related to its vaping products.

Financial terms of the settlement were not disclosed, but Juul said that it has secured an equity investment to fund it.

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