Johnson & Johnson Faces Setback as Bankruptcy Court Rejects Talc Claims, Amplifying Legal Challenges
Johnson & Johnson’s recent legal setback highlights the growing scrutiny of corporate practices in the wake of bankruptcy proceedings tied to lawsuits over its talc-based products. In a ruling from a bankruptcy court in Wilmington, Delaware, the judge rejected the company’s plan to resolve its liabilities through a controversial reorganization strategy that sought to shield it from further claims. The decision marks a pivotal moment in the pharmaceutical giant’s ongoing battles with consumers who allege that its talc products caused serious health issues, including cancer. The company has faced thousands of lawsuits asserting that its … Read more