SEC Said to Investigate Altria's Stake in Juul

The SEC is investigating Altria's disclosure of investment risks, which has been problematic for the company. Altria's stock is down, and litigation risks related to JUUL are increasing. JUUL is also under pressure due to these issues. The SEC has issued subpoenas to both Altria and JUUL, and both companies have responded, but the outcome remains uncertain.

What challenges is JUUL facing as mentioned in the text?

What actions have Altria and JUUL taken in response to the SEC subpoenas?