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J&J proposes paying $8.9B to settle talcum powder lawsuits

Por: WPLG Local 10 Health April 05, 2023

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NEW BRUNSWICK, N.J. – Johnson & Johnson is earmarking nearly $9 billion to cover allegations that its baby power containing talc caused cancer, more than quadrupling the amount that the company had previously set aside to pay for its potential liability.Under a proposal announced Tuesday, a J&J subsidiary will re-file for Chapter 11 bankruptcy protection and seek court approval for a plan that would result in one of the largest... + full article



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