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A new settlement may be approved soon. On Johnson & Johnson's earnings call earlier this month, management provided an update on the talc lawsuits. Chief Financial Officer Joseph Wolk says that ...
Johnson & Johnson has twice been unsuccessful in using a controversial bankruptcy tactic to contain lawsuits alleging its baby powder caused cancer. The third time, J&J said, will be different.
(Reuters) -A state judge in Oregon has overturned a jury's $260 million verdict against Johnson & Johnson in a lawsuit brought by a woman who said she got mesothelioma, a deadly cancer linked to ...
In addition to Johnson & Johnson, the lawsuit also targeted American International Industries, another defendant in the case. Both companies were found negligent and liable for Perry’s illness, with the jury awarding $32.6 million in compensatory damages and $30.7 million in punitive damages.
The most telling item in Mina Kimes’ report might have been this: When Johnson & Johnson’s purchase of Synthes was announced a few months after the highly publicized guilty pleas and fines, the Johnson & Johnson press release, Kimes wrote, cited “Synthes’s ‘culture’ and ‘values’ as evidence of its appeal, even as former Synthes ...
Complaint and New Matter, May 3, 2012, at Affirm. Def. No. 27; Johnson & Johnson’s Answer to Plaintiffs’ Second Amended Master Long-Form Complaint and New Matter, May 3, 2012, at Affirm. Def. No. 27; Janssen Research & Dev., LLC’s Answer to Plaintiffs’ Second Amended Master Long-Form Complaint and New Matter, May 3, 2012, at Affirm. Def.
Johnson & Johnson on Wednesday said it plans to pay $6.5 billion over 25 years to settle nearly all of the thousands of lawsuits in the U.S. claiming its talc-based products caused ovarian cancer ...
Ovarian cancer claims account for 99% of the talc-related lawsuits filed against J&J , including about 54,000 lawsuits that are centralized in a New Jersey federal court proceeding.