Health care giant Johnson & Johnson has been named in more than 100,000 lawsuits, including claims against talcum powder and metal-on-metal hips.
Johnson & Johnson has offered a global settlement worth $10 billion to current and future plaintiffs. This time, Johnson & Johnson has asked current plaintiffs to vote on the settlement. J&J would need the support of at least 75 percent of the claimants before the bankruptcy court would appr...
The drugmaker declined to comment on the Bloomberg report but reiterated that its talc is safe, does not contain asbestos and does not cause cancer. "In certain circumstances, we do choose to settle lawsuits, which is done without an admission of liability...
The article reports on the settlement of a multibillion-dollar lawsuit by New Jersey-based drug manufacturer Johnson and Johnson (J&J) and its preparation for other complaints from recipients of a...
As announced on May 1, the company has committed to pay ovarian claimants a present value of approximately $6.5 billion or $8 billion nominally over 25 years, resolving 99.75% of all pending talc lawsuits against the company and its affiliates in the United States. We are currently in a vo...
A coalition of 20 state Democratic attorneys general filed two federal lawsuits on Tuesday, claiming that the Trump administration is threatening to withhold billions of dollars in transportation and disaster-relief funds. 9H ago More Political News Consumer News More Consumer News More people are...
The companysaidthe proposal would settle 99.75% of the pending talc lawsuits in the U.S. The legal actions not covered by the proposal relate to mesothelioma, a rare cancer that affects the lungs and other organs. The company said it would address those suits outside the proposed settlement....
By December, the Johnson & Johnson bulls were the ones who thought the market was too worried about the lawsuits. In a note out on December 17, Morgan Stanley analyst David Lewis said it was time to buy. “Considering the stock appears to be pricing in significantly more legal liability th...
Johnson & Johnson faces a new lawsuit seeking damages and medical monitoring for women who developed or might develop cancer, allegedly as a result of using J&J's talc products.
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