International Companies

US bankruptcy judge rejects Johnson & Johnson's $10bn settlement

By Iain Gilbert

Date: Tuesday 01 Apr 2025

(Sharecast News) - A bankruptcy judge in the US has rejected Johnson & Johnson's $10.0bn proposal to settle tens of thousands of lawsuits alleging that its baby powder and other talc products cause ovarian cancer.
Johnson & Johnson, which has been trying to resolve the lawsuits via a subsidiary's bankruptcy, has...

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