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This Article is From Aug 30, 2019

Altria Falls After Dow Jones Reports FTC Investigation of Juul

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(Bloomberg) -- Altria shares fell as much as 2.7% after Dow Jones reported the FTC is investigating the marketing practices of Juul Labs.

  • FTC investigators are looking at whether Juul engaged in deceptive marketing, including by targeting minors or using influencers, Dow Jones cited sources as saying
  • “We fully cooperate and are transparent with any government agency or regulator who have interest in our category,” Dow Jones cited a Juul spokesman as saying
  • The FTC and Altria declined to comment

To contact the reporter on this story: Nathan Crooks in Miami at ncrooks@bloomberg.net

To contact the editors responsible for this story: Sebastian Tong at stong41@bloomberg.net, Rita Devlin Marier

©2019 Bloomberg L.P.

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