Johnson & Johnson Ordered to Pay $966 Million in Latest Talc Lawsuit
NegativeFinancial Markets

In a significant legal ruling, Johnson & Johnson has been ordered to pay $966 million in a lawsuit linked to its talc powder products, which were claimed to have caused a California woman's death from mesothelioma, a rare cancer. This decision is particularly impactful as it follows a recent rejection of the company's bankruptcy plan aimed at settling ongoing and future lawsuits related to its talc products. The outcome highlights ongoing concerns about the safety of talc-based products and the legal challenges facing the company.
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