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The third time, J&J said, will be different. ... The 'Texas two-step' is back as J&J tries to shed talc lawsuits for a third time. Alexis Keenan. October 22, 2024 at 12:43 PM.
J&J’s Red River Talc unit made its filing in the U.S. Bankruptcy Court for the Southern District of Texas. ... New Brunswick New Jersey-based J&J is attempting again to end the litigation in a ...
J&J did not disclose the value of the mesothelioma settlements, but it said that it recorded an incremental charge of $2.7 billion in the first quarter of 2024, to account for recent talc-related ...
Johnson & Johnson is preparing to unveil widespread support in coming days for a $6.48 billion offer to settle tens of thousands of legal actions alleging its Baby Powder and other talc products ...
J&J faces more than 50,000 lawsuits over talc, most by women with ovarian cancer, with a minority of the cases involving people with mesothelioma. The company has said that its talc products are ...
Last year, J&J had set aside about $400 million to resolve U.S. state consumer protection actions as part of its broader $8.9 billion effort to settle claims that its Baby Powder and other talc ...
The claims contributed to drop in J&J’s sales of baby powder, prompting the company to stop selling its talc-based products in 2020. In 2022, J&J announced plans to cease sales of the product ...
The cancer victims sought a preliminary order in New Jersey on June 11 to preventing J&J from filing for bankruptcy outside the state, which would have effectively foiled the $6.48 billion ...
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