talc News

J&J to Pay $700 Million to Settle States’ Talc-Marketing Probe

Johnson & Johnson has tentatively agreed to pay about $700 million to resolve an investigation by more than 40 US states of claims that it wrongfully marketed its talc-based baby powder by not warning about possible health risks, according to …

J&J Cites ‘Progress’ Settling Baby Powder Cancer Cases

Johnson & Johnson said it’s moving forward to resolve lawsuits that claim its talc-based Baby Powder causes cancer to avoid facing some jury trials next year and further its strategy of finding a global settlement for thousands of cases. “We …

J&J Weighs Third Bankruptcy Try to Settle Baby Powder Suits

Johnson & Johnson said it is weighing a third attempt to use bankruptcy for an $8.9 billion settlement of tens of thousands of lawsuits that allege tainted talc in the company’s baby powder caused cancer. Erik Haas, J&J’s lawyer in …

Court Tosses $223.8 Million Verdict Against J&J in Talc Cancer Case

A New Jersey appeals court on Tuesday threw out a $223.8 million verdict against Johnson & Johnson that a jury had awarded to four plaintiffs who claimed they developed cancer from being exposed to asbestos in the company’s talc powder …

J&J Talc Cancer Plaintiffs Want 6-Month Ban on Further Bankruptcy Filings

NEW YORK —Lawyers for thousands of people who claim Johnson & Johnson’s talc-based powders caused them to develop cancer on Wednesday urged a U.S. judge to temporarily block the company from seeking bankruptcy protection for a third time for its …

Jurors Urged to Impose Heavy Punitive Damages in J&J Talc Trial

Lawyers for a California man who says he developed a rare cancer from exposure to asbestos in Johnson & Johnson’s JNJ.N talc-based baby powder on Monday urged a jury to order the company to pay heavy punitive damages, calling its …

J&J Talc Unit 2nd Bankruptcy Must Be Dismissed, Lawyers Say

Johnson & Johnson’s second attempt to resolve talc lawsuits in bankruptcy should be dismissed as an unprecedented fraud designed to deny plaintiffs just compensation, lawyers representing cancer victims argued in a Monday court filing. The attorneys contend J&J defied a …

J&J Share Prices Rise After $9B Talc Lawsuit Settlement

Johnson & Johnson’s shares rose nearly 4% in early trading to hit a near two-month high of $164.48 on Wednesday as the company’s $8.9 billion offer to settle talc-related lawsuits gained support of thousands of claimants, easing an overhang on …

Judge Temporarily Blocks 2 State Lawsuits over J&J Talc Marketing

A US bankruptcy judge has blocked New Mexico and Mississippi from pursuing lawsuits accusing Johnson & Johnson of misleading consumers about the safety of its talc products, such as its baby powder, for now. U.S. Bankruptcy Judge Michael Kaplan in …

Johnson & Johnson Can’t Block Lawsuit Claiming It Lied About Asbestos in Talc

Johnson & Johnson can’t use its baby powder bankruptcy to prevent a lawsuit that accuses the company of hiding evidence that its industrial talc operation exposed workers to the toxic material asbestos, a federal judge ruled. The judge overseeing the …