Johnson & Johnson has tentatively agreed to pay about $700 million to settle an investigation brought by more than 40 states into the marketing of its talcum-based baby powder, a J&J executive said.
Tag: J&J settlement
Johnson & Johnson Reaches Deal for $8.9 Billion Talc Settlement
Johnson & Johnson announced 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 plaintiffs’ lawyers called a “significant victory” in a decade-long legal battle.