(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
