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Juul Directors Face Lawsuit Over Rescue Deal
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Juul's Workforce Reduction and Age-Verif...
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Two directors of Juul Labs, a e-cigarette maker, were involved in a deal to rescue the company from bankruptcy, leading to a lawsuit accusing them of prioritizing their own interests over the company's.
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How might this scandal impact the perception of corporate governance in the e-cigarette industry?
What measures can companies take to ensure that decisions align with the company's best interests rather than individual directors' interests?
What role does transparency play in preventing such conflicts of interest within companies?
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