J&J Subsidiary Files for Bankruptcy in Major Step for Baby Powder ...
WEB1 day ago · Johnson & Johnson’s proposed multi-billion-dollar settlement for the tens of thousands of pending baby powder lawsuits has taken a significant step toward becoming a reality. J&J’s Red River Talc Unit filed for bankruptcy in Texas court on Friday, according to Reuters. This will kick off the Texas two-step strategy necessary to complete the ...
J&J’s Bankruptcy Effort Fails High Court Test, Holdouts Say
WEB1 day ago · In this article: JNJ. (Bloomberg) -- Johnson & Johnson’s third effort to end lawsuits claiming its baby powder caused thousands of women to get cancer should be dismissed because it violates US ...
J&J Gets 83% of Baby Powder Victims to Agree to Talc Deal (1)
WEBLin Cheng. (Updates from first bullet.) J&J says about 83% of claimants support proposed bankruptcy plan. Red River filed Chapter 11 bankruptcy to fully and finally resolve all current and future claims related to ovarian cancer arising from cosmetic talc litigation. Red River increased settlement commitment by $1.75b to about $8b.
Exclusive: J&J near disclosing support for talc settlement, sources say
WEBNEW YORK, Aug 14 (Reuters) - Johnson & Johnson (JNJ.N) is preparing to unveil widespread support in coming days for a $6.48 billion offer to settle tens of thousands of legal actions alleging its...
J&J advances $6.475 billion settlement of talc cancer lawsuits - CNN
WEBMay 1, 2024 · Johnson & Johnson is moving forward with a $6.475 billion proposed settlement of lawsuits alleging its baby powder and other talc products cause ovarian cancer, the company said.
Johnson & Johnson reaches $700 million settlement in talc baby …
WEBJun 11, 2024 · Johnson & Johnson has agreed to pay $700 million in a nationwide settlement resolving allegations that it misled customers about the safety of its talcum-based powder products in its marketing.
Johnson & Johnson to pay $700 million to settle baby powder suit
WEBJun 12, 2024 · Johnson & Johnson was accused of selling baby powder contaminated with asbestos, a known carcinogen.
J&J strikes US states deal over baby powder claims - BBC
WEBJan 23, 2024 · Johnson & Johnson (J&J) has said it has reached a tentative deal with more than 40 US states over their investigation of the marketing of its talc-based baby powder and other products. The...
Johnson & Johnson Reaches Deal for $8.9 Billion Talc Settlement
WEBApr 4, 2023 · Johnson & Johnson said on Tuesday that it had agreed to pay $8.9 billion to tens of thousands of people who claimed the company’s talcum powder products caused cancer, a proposal that lawyers ...
Judge Rejects Johnson & Johnson’s Effort to Limit Talc-Related …
WEBJul 30, 2023 · Johnson & Johnson stopped selling talc-based baby powder globally this year, after switching to cornstarch as the primary ingredient of the product.