Hearing Held On Viability Of Juul Share Dilution Claims

( September 4, 2025, 1:41 PM EDT) -- WILMINGTON, Del. — A hearing was held Sept. 3 in the Delaware Chancery Court on motions filed by Juul Labs Inc. (JLI), its founders and board members and affiliated investment vehicles to dismiss a derivative complaint accusing them of breach of fiduciary duty for allegedly orchestrating financing that diluted the value of JLI shares before giving 1.2 billion JLI shares to the investment vehicles at a low price....

Attached Documents

Related Sections