HipHopWired Featured Video Source: New York Daily News / Getty After six years of litigation and a three-week trial, Jay-Z has been cleared of by a jury of his peers in a lawsuit that alleged Jigga breached his contract with Parlux Fragrance, which helped him launch his cologne “Gold Jay Z.” According to Complex, Jay-Z avoided paying $67.6 million in damages as the jurors felt he wasn’t liable for “failing to promote the cologne.” While Jay was able to take that “W” home, the jury also handed him a SNKRS sized “L” when they denied his countersuit of $6 million in unpaid royalties. Still, Jay-Z was more than happy about the verdict as he walked out the courtroom with a bright smile and enjoyed a reporter’s question about having one less problem in his life. Related Stories “In a statement s...
Electronic cigarette giant Juul Labs Inc will pay $40m to North Carolina and take more action to prevent underage use and sales, according to a landmark United States legal settlement announced on Monday after years of accusations that the company had fueled an explosion in teen vaping. A state judge accepted the first-of-its-kind agreement with a US state. North Carolina Attorney General Josh Stein had sued Juul, accusing it of employing unfair and deceptive marketing practices that targeted young people to use its vaping products, which deliver addictive nicotine. As part of the agreement, Juul will not advertise to anyone under 21 in North Carolina and will limit sales amounts of Juul products online to any state residents. It will also sell its products only behind counters at retailer...