Johnson & Johnson Faces Setback as Bankruptcy Court Rejects Talc Litigation Strategy
Johnson & Johnson is facing significant challenges following a recent court decision in its ongoing legal battles involving talc-based products. The company, headquartered in New Brunswick, New Jersey, has seen a ruling that complicates its strategy of addressing thousands of lawsuits linked to its talc powders, which plaintiffs claim are associated with health risks, including cancer. The verdict comes amid heightened scrutiny of the company’s bankruptcy filing earlier this year, which was intended to consolidate and manage claims related to these products. J&J’s legal maneuvering aimed to shield itself from the extensive financial liabilities stemming … Read more