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The company stopped selling talc-based baby powder in favor of cornstarch-based products, citing an increase in lawsuits and "misinformation" about the talc product's safety.
Numerous states, including Wisconsin, are expected to collect millions of dollars in July from a recent $700 million settlement with Johnson & Johnson after customers claimed the company misled ...
On Johnson & Johnson's earnings call earlier this month, management provided an update on the talc lawsuits. Chief Financial Officer Joseph Wolk says that claimants will be able to vote on the ...
Calendar · Oct 28, 2023 Create, share, or subscribe to a calendar Learn how to stay in touch with the people in your life by creating, sharing, or subscribing to a calendar.
For the fiscal year 2023, Johnson & Johnson reported earnings of $35.15 billion, with an annual revenue of $85.16 billion, an increase of 10.57% over the previous fiscal cycle. Johnson & Johnson's shares traded at over $160 per share, and its market capitalization was valued at over $386.7 billion in July 2024. [125]
A Matagorda County, Texas jury found that Amoco had wrongly backed out of a contract to sell Wyoming oil fields to Rubicon. The jury verdict totaled $480 million. [9] In the 1998 trial of Aaron v. Abex, Lanier was the lead counsel for a group of steelworkers who contracted asbestos disease at an Alabama steel mill. The jury verdict was $115 ...
Johnson & Johnson has agreed to pay $700 million to settle an investigation by 42 U.S. states and Washington, D.C. into its marketing of baby powder and other talc-based products blamed for ...
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