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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 ...
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 ...
[76] [77] Moten filed the lawsuit in the United States District Court for the Northern District of Illinois. [78] He demanded for the case to go to trial by jury and additionally sought damages. [79] Later, Moten filed his lawsuit again under a different federal court. The case is still pending; a trial date is set for June 2025. [11]
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.
J&J’s proposed settlement represents just 7.8% of its $85.2 billion in annual sales for 2023.
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