Cancer Patients Sue J&J Over Alleged Fraudulent Bankruptcies
A group of cancer victims has filed a class action lawsuit against Johnson & Johnson, accusing the company of using fraudulent bankruptcy tactics to avoid paying settlements for claims that its talc products caused cancer. The plaintiffs argue that J&J's strategy, including the "Texas two-step" maneuver, was designed to protect its assets and prevent victims from receiving compensation. J&J maintains that its products are safe and is seeking support for a third bankruptcy plan to settle the claims.
