Juul Settlement Venmo Lawsuits and Payouts

If you're one of the thousands of people who received a Juul settlement Venmo payout, you're likely wondering what it's all about. A class-action lawsuit was filed against Juul Labs, Inc. in 2019.

The lawsuit alleged that Juul had engaged in deceptive marketing practices, targeting youth with its flavored e-liquids. The court ultimately approved a settlement of $1.2 billion.

As part of this settlement, Juul agreed to pay $1,000 or more to some Venmo users who had purchased its products between 2015 and 2019.

If this caught your attention, see: Venmo Lawsuit

Over 800,000 people have received payouts from the Juul settlement.

The payouts range from $15 to over $10,000, with an average of about $240.

Administrators of the settlement started mailing checks late last week, with electronic payments beginning on Monday.

More than 14 million people submitted claims to the court, but only about 842,000 were officially validated.

About a quarter of the recipients purchased directly from the company, making their eligibility easier to verify.

The payouts were based on a court settlement of over $300 million.

The company, Juul Labs, said they are "pleased to have resolved the vast majority of the company's past legal issues".

Some recipients have been pleasantly surprised by the sums they received, taking to social media to celebrate their haul.

The money couldn't have come at a better time for some, like Howard Feinstein, who received over $3,000.

The payouts were made to former customers who were part of a lawsuit that accused Juul of misleading customers about the addictiveness and safety of their products.

The lawsuit alleged that Juul customers paid more for the product than they would have had they been provided with accurate information about its addictiveness and safety.

Juul has a history of settling lawsuits, and this latest settlement is not an isolated incident. The company settled over 5,000 cases in December, resolving a substantial amount of legal issues.

This settlement follows a $438.5 million payment to 34 states and territories in September, after a two-year investigation into Juul's marketing and sales practices. The company was charged with deliberately marketing its products to young people.

In West Virginia, Juul paid $7.9 million for similar accusations. The company was also accused of marketing to youth in other states, including the 34 states and territories that received a $438.5 million payment.