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Johnson & Johnson (NYSE:JNJ) has raised its offer to settle thousands of lawsuits alleging its baby powder caused cancer to over $8.2B, people familiar with the matter told Bloomberg, compared to ...
Johnson & Johnson has boosted to more than $8.2 billion its offer to settle thousands of lawsuits by people who say its baby powder gave them cancer, according to people familiar with the matter.
Majed Nachawati, an attorney who represents about 5,000 plaintiffs with ovarian cancer claims and who supported J&J's latest bankruptcy settlement offer, said that J&J should stop attempting to ...
A U.S. bankruptcy court judge has denied Johnson & Johnson's settlement plan related to baby powder containing talc, providing another setback in the company's efforts to resolve the matter.
J&J is attempting to use a subsidiary's bankruptcy to resolve lawsuits from more than 62,000 plaintiffs alleging its baby powder and other talc products were contaminated with asbestos and caused ...
Television advertisements soliciting claims from people who say they got cancer from talc powder products dramatically increased in September, the same month that Johnson & Johnson said it would ...
A bankruptcy judge on Monday rejected Johnson & Johnson's $10 billion proposal to end lawsuits alleging that its baby powder and other talc products cause ovarian cancer, marking the third ...
J&J, which began selling Johnson’s baby powder in 1894, says that its products are safe, do not contain asbestos, and do not cause cancer. J&J stopped selling talc-based baby powder in the US in ...
The third Chapter 11 bid — including a $6.5 billion settlement offer — will likely land somewhere in the Lone Star State after judges in New Jersey concluded that thousands of cancer lawsuits ...
J&J’s decision to sweeten its settlement offer would bring the total the firm has agreed to pay out – or already expended – to resolve baby powder cases to more than $13.4 billion.
Last year a subsidiary of J&J proposed to pay approximately $6.48 billion over 25 years as part of a settlement in the U.S. to cover allegations that its baby powder containing talc caused ovarian ...
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