Reported Earlier, Johnson & Johnson Proposes $5.5B Resolution Of Roughly 76,000 Ovarian Talc Claims, With First Payment Of Up To $3B In 2027, Conditioned On 95% Plaintiff Participation
Follows Favorable Multi-District Litigation Court Causation Ruling and the Company’s Successful Strategy to Defend Each CaseEfficient Conclusion to the Talc Litigation that Eliminates Expense Associated with Litigating
Johnson & Johnson offered to pay $5.5 billion to settle lawsuits from people who say talc caused health problems. This means the company wants to end the legal fights instead of going to court, which costs a lot of money and takes years.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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