A federal judge in Houston has rejected the third attempt by Johnson & Johnson’s (J&J) subsidiary Red River to settle thousands of lawsuits related to its talc-based products, which have been ...

J&J then placed LTL in bankruptcy in Charlotte, N.C., to put the talc lawsuits on hold and try to drive a settlement in ...

The agreement includes "additional monetary and non-monetary benefits for all talc claimants," according to J&J, and takes the proportion backing the settlement above 75% – the threshold needed ...

J&J Shares Tumble as Judge Rejects $10 Billion Talc Settlement (Reuters) -Shares of Johnson & Johnson fell more than 5% on Tuesday after a U.S. bankruptcy judge rejected its $10 billion proposal ...

J&J’s Red River Talc unit made its filing in the U.S. Bankruptcy ... The goal is to use the proceeding to force all plaintiffs into one settlement, without requiring J&J itself to file for ...

took the stand at a trial in Houston on Wednesday as a paid expert witness for opponents of J&J’s $9 billion settlement plan to end cancer cases targeting its signature powder.

J&J plans to place a subsidiary into bankruptcy if it gets at least 75% of the talc claimants to vote for its settlement proposal. The bankruptcy settlement would end all talc lawsuits alleging ...

The $700 million settlement is the latest development ... Last month, J&J offered to pay $6.5 billion to settle the talc-powder lawsuits. Khristopher J. Brooks is a reporter for CBS MoneyWatch.

Holdouts also challenged a claim from J&J and its supporters that the settlement is backed by more than 80% of claimants.

The healthcare-products company is nearing a resolution of the long-running lawsuits over its talc ... J wins enough of their support, it will try to use a bankruptcy filing to carry out its ...