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The company's decision to raise its settlement offer would bring the total amount it has agreed to pay, or already paid, to resolve baby powder-related lawsuits to over $13.4B. More on Johnson ...
Johnson & Johnson has boosted to more than $8.2 billion its offer to settle thousands of lawsuits by people who say its baby powder gave them cancer, according to people familiar with the matter.
J&J is attempting to use a subsidiary's bankruptcy to resolve lawsuits from more than 62,000 plaintiffs alleging its baby powder and other talc products were contaminated with asbestos and caused ...
Majed Nachawati, an attorney who represents about 5,000 plaintiffs with ovarian cancer claims and who supported J&J's latest bankruptcy settlement offer, said that J&J should stop attempting to ...
J&J's $8.2 Billion Settlement Linked To Iconic Baby Powder Faces Court Test After months of wrangling, a federal judge in Houston early next year will decide whether J&J's bid to quickly settle ...
J&J faces lawsuits from more than 62,000 plaintiffs alleging that its baby powder and other talc products were contaminated with asbestos and caused ovarian and other cancers.
J&J’s decision to sweeten its settlement offer would bring the total the firm has agreed to pay out – or already expended – to resolve baby powder cases to more than $13.4 billion.
STORY: Johnson & Johnson is facing a critical test over its $10 billion proposal to end litigation over allegations that its baby powder and other talc products were contaminated with asbestos and ...