Johnson & Johnson Faces Setback as Talc Bankruptcy Ruling Highlights Growing Torts Controversy
Johnson & Johnson is facing mounting challenges as it navigates the legal fallout from its talc products, culminating in a significant defeat in bankruptcy court. The case underscores ongoing scrutiny and backlash surrounding the pharmaceutical giant amid growing concerns over its talc-based offerings, which have been linked to serious health risks. In recent developments, a federal appeals court has dismissed Johnson & Johnson’s bankruptcy plan that aimed to shield it from thousands of lawsuits claiming its talc products caused cancer. This ruling signifies a major setback for the company, which has attempted to mitigate its … Read more