J&J Says No New Developments in Justice Probe Over Baby Powder

J&J unit bankruptcy

Johnson & Johnson on Friday said there were no new developments regarding a Justice Department probe into the company’s handling of talcum powder. The company’s statement followed a Bloomberg report that said the U.S. was pursuing a criminal investigation into whether the company lied about alleged cancer risks tied to talcum powder. A grand jury… Continue reading J&J Says No New Developments in Justice Probe Over Baby Powder

J&J Hit with $300 Million in Punitive Damages in Talc Case

J&J unit bankruptcy

A New York state court jury ordered Johnson & Johnson to pay $300 million in punitive damages to a woman who claimed her use of the health-products company’s talc powder caused an asbestos-linked cancer. The jury’s award Friday was one of the largest to an individual in a series of trials over a range of… Continue reading J&J Hit with $300 Million in Punitive Damages in Talc Case

Judge Affirms $4.69 Billion Talc Verdict, J&J Vows to Appeal

J&J unit bankruptcy

A Missouri trial court judge has affirmed the massive $4.69 billion verdict against Johnson & Johnson in a case involving 22 women and their families who alleged the company’s talc-based products, including its baby powder, contain asbestos and caused them to develop ovarian cancer. J&J in a statement on Wednesday said it would continue to… Continue reading Judge Affirms $4.69 Billion Talc Verdict, J&J Vows to Appeal