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Ravi Tiku’s Perspective: Decoding Today’s Headlines

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Johnson & Johnson

Verdict: Johnson & Johnson Directed to Provide Compensation to Woman Connecting Baby Powder to Cancer

April 21, 2024
Verdict: Johnson & Johnson Directed to Provide Compensation to Woman Connecting Baby Powder to Cancer

Johnson & Johnson to pay billions to settle talc claims In a ground-breaking legal development, Johnson & Johnson and Kenvue Inc. have been directed to pay a substantial sum of $45 million to the …

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Categories General Tags Baby powder, Cancer, Compensation, Johnson & Johnson, Lawsuit

J&J unit files for second bankruptcy to pursue $8.9 billion talc settlement

April 5, 2023
J&J unit files for second bankruptcy to pursue $8.9 billion talc settlement

J&J said in a statement that about 60,000 talc claimants had agreed to the proposal. The agreement follows a January appeals court ruling invalidating J&J’s controversial “Texas two-step” bankruptcy maneuver, in which it sought …

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Categories Finance News Tags J&J, Johnson & Johnson, Texas two-step
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