Johnson & Johnson Teams Up with Mass-Tort Experts to Finalize $8 Billion Talc Settlement
Johnson & Johnson has reached an agreement to address longstanding legal challenges related to its talc-based products, committing approximately $8 billion to a settlement aimed at resolving thousands of claims asserting that these products caused cancer. The deal follows years of litigation and scrutiny surrounding the safety of its talc offerings. The financial arrangement comes as J&J seeks to navigate complex legal waters, particularly after facing numerous lawsuits alleging that its talcum powder contained harmful asbestos, a substance linked to serious health risks. This settlement is designed to expedite the resolution of current and future … Read more