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Talc Litigation

All articles tagged with #talc litigation

J&J Proposes $5.5 Billion Settlement to End US Talc Cancer Litigation

Johnson & Johnson has proposed a $5.5 billion settlement to resolve approximately 69,000 US lawsuits alleging its discontinued talc-based baby powder caused ovarian cancer. The deal, which requires acceptance by 95% of claimants, follows a recent court ruling that plaintiffs failed to prove specific causation. While J&J denies the product causes cancer, it has already halted global sales of talc-based powder. A separate, massive UK case involving over 7,000 claimants remains pending and is not covered by this agreement.

via Al Jazeera|

#courts-news #johnson-and-johnson #ovarian-cancer

business3 months ago•1 min saved

J&J Proposes $5.5bn Settlement to End Talc Litigation

Johnson & Johnson has proposed a $5.5 billion settlement to resolve approximately 69,000 lawsuits alleging its talc-based baby powder caused ovarian cancer. The deal, which requires 95% claimant approval, follows a recent court ruling questioning plaintiffs' ability to prove specific causation. While J&J denies the products cause cancer, the settlement aims to end a 15-year legal battle. The agreement excludes a separate, massive UK case involving over 7,000 claimants.

via BBC|

#business #consumer-health #johnson-and-johnson

business3 years ago•0 min saved

J&J's $8.9 Billion Talc Settlement Boosts Stock Prices.

Johnson & Johnson's $8.9 billion agreement to settle talc powder cancer claims does not mark the end of its talc worries, as investors fear the talc troubles could still affect the Kenvue spinoff.

via Barron's|

#business #cancer #investors