Johnson & Johnson has agreed to pay nearly $9 billion to settle lawsuits accusing its talc baby powder of causing cancer.
The company agreed to pay nearly $9 billion to settle lawsuits accusing its talc baby powder of causing cancer.& Johnson is trying once again to use the bankruptcy courts to settle tens of thousands of cases that claim its talc products cause cancer. The pharmaceutical company is now willing to pay $8.
& Johnson's worldwide vice president of litigation, in a statement. "However, as the bankruptcy court recognized, resolving these cases in the tort system would take decades and impose significant costs on LTL and the system."
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Johnson & Johnson stock up 3% as company sets aside $8.9 billion to settle talc claimsJohnson & Johnson stock rose nearly 3% in the extended session Tuesday after the company said it was setting aside $8.9 billion to settle claims connected...
Leer más »
Johnson & Johnson shares rise after company proposes baby powder cancer settlementWall Street analysts were encouraged by J&J's proposal to pay $8.9 billion to settle claims that its baby powder and other talc products caused cancer.
Leer más »
Johnson & Johnson talc settlement: Company willing to pay $8.9B for baby powder cancer lawsuitsJohnson & Johnson has agreed to pay nearly $9 billion to settle lawsuits accusing its talc baby powder of causing cancer.
Leer más »
Johnson & Johnson to pay $8.9 billion to settle claims baby powder, other talc products caused cancerJohnson & Johnson agrees to pay $8.9 billion to settle claims alleging their talc products caused cancer, which they continue to deny.
Leer más »
Exclusive: Johnson & Johnson considers refiling talc-liability bankruptcy after appeals-court defeatJ&J is exploring placing a subsidiary shouldering tens of thousands of talc lawsuits into bankruptcy proceedings for a second time, despite a court decision invalidating the legal maneuver.
Leer más »
Johnson & Johnson Proposes Paying $9 Billion to Settle Talc LawsuitsBreaking: Johnson & Johnson has proposed to pay $9 billion to settle thousands of talc lawsuits, in what would be one of the biggest product-liability settlements ever
Leer más »