The 3rd Circuit Court of Appeals halted J&J’s two-step on Monday, ruling that its cash-flush subsidiary lacked a legitimate claim to bankruptcy protection because it was not in “financial distress.”
Tag: J&J lawsuit
Johnson & Johnson Fails to Overturn $2.12B Baby Powder Verdict, Plans Supreme Court Appeal
Missouri’s highest court on Tuesday refused to consider Johnson & Johnson’s appeal of a $2.12 billion damages award to women who blamed their ovarian cancer on asbestos in its baby powder and other talc products. The Missouri Supreme Court let stand a June 23 decision by a state appeals court, which upheld a jury’s July… Continue reading Johnson & Johnson Fails to Overturn $2.12B Baby Powder Verdict, Plans Supreme Court Appeal
Missouri Court Cuts Talc-Powder Verdict Against J&J to $2.1 Billion
A Missouri appeals court on Tuesday upheld a jury verdict that Johnson & Johnson’s talcum powder caused ovarian cancer in 22 women, though the court reduced by more than half the $4.69 billion in damages J&J was ordered to pay. The Missouri Court of Appeals reduced total damages to about $2.1 billion. J&J earlier Tuesday… Continue reading Missouri Court Cuts Talc-Powder Verdict Against J&J to $2.1 Billion
Johnson & Johnson to Stop Selling Talcum Baby Powder in U.S., Canada Amid Litigation
Johnson & Johnson, besieged by lawsuits, will stop selling baby powder made with talc in the U.S. and Canada, citing a decline in customer demand amid safety concerns about one of its most famous products. The move comes as J&J faces thousands of lawsuits alleging the talc powder has harmed women who had used it… Continue reading Johnson & Johnson to Stop Selling Talcum Baby Powder in U.S., Canada Amid Litigation
N.J. Jury Orders J&J to Pay $750 Million in Punitive Damages in Latest Baby Powder Verdict
A New Jersey state jury on Thursday ordered Johnson & Johnson to pay $750 million in punitive damages to four people who said their use of the company’s talcum powders caused a rare cancer, the latest legal loss for the health-care giant. The judge presiding over the trial, Ana C. Viscomi of New Jersey Superior… Continue reading N.J. Jury Orders J&J to Pay $750 Million in Punitive Damages in Latest Baby Powder Verdict