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Johnson & Johnson is committing to pay $8 billion over a period of 25 years, which equates to a present value of $6.5 billion today. It says the deal would address 99.75% of the outstanding talc ...
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.
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.
(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 ...
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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 ...
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The offer will have to be approved by a bankruptcy judge. Johnson & Johnson is proposing paying nearly $9bn to settle lawsuits from tens of thousands of consumers who claim the consumer giant’s ...