Johnson & Johnson (JNJ) has reportedly raised its offer to settle thousands of lawsuits alleging its baby powder caused cancer to over $8.2B.

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 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 ...

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 ...

NEW YORK (Reuters) -Johnson & Johnson faces a critical test on Tuesday over its $10 billion proposal to end litigation alleging that its baby powder caused ovarian cancer, as it tries to convince a ...