SEC Investigates Altria’s Investment in Juul

SEC Investigates Altria’s Investment in Juul

Securities regulators have actually opened a probe associated to Altria Group Inc.’s investment in questionable e-cigarette start-up Juul Labs Inc., according to people knowledgeable about the matter.

The Securities and Exchange Commission is examining whether Altria adequately divulged to investors the dangers when it invested $128 billion in 2018 to take a 35%stake in Juul, individuals said.

The …

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