With the J&J talc litigation overhang nearing an end, we find is that Johnson & Johnson is well-positioned for the rest of the year.
A resolution to Johnson & Johnson's outstanding talc litigation claims may finally be here — and that's welcome news for the company and its shareholders. The health-care giant announced Tuesday its subsidiary LTL Management has refiled for voluntary Chapter 11 bankruptcy protection as part of a reorganization plan that the company said "will equitably and efficiently resolve all talc litigation claims.
In this photo illustration a bottle of Johnson & Johnson baby powder is displayed on a table on November 12, 2021 in San Anselmo, California.A resolution to Johnson & Johnson's outstanding talc litigation claims may finally be here — and that's welcome news for the company and its shareholders.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Exclusive: Johnson & Johnson considers refiling talc-liability bankruptcy after appeals-court defeatJ&J is exploring placing a subsidiary shouldering tens of thousands of talc lawsuits into bankruptcy proceedings for a second time, despite a court decision invalidating the legal maneuver.
Read more »
Johnson & Johnson Proposes Paying $9 Billion to Settle Talc LawsuitsBreaking: Johnson & Johnson has proposed to pay $9 billion to settle thousands of talc lawsuits, in what would be one of the biggest product-liability settlements ever
Read more »
Johnson & Johnson stock up 3% as company sets aside $8.9 billion to settle talc claimsJohnson & Johnson stock rose nearly 3% in the extended session Tuesday after the company said it was setting aside $8.9 billion to settle claims connected...
Read more »
Johnson & Johnson sets aside $8.9 billion to settle talc claims; stock up 3%Johnson & Johnson stock rises more than 3% in the extended session Tuesday after the company proposes to pay up to $8.9 billion to settle claims connected...
Read more »
Johnson & Johnson offers $9bn to settle talc claimsThe new settlement offer is a significant boost over the $2bn the firm had previously proposed.
Read more »
Johnson & Johnson to pay $8.9 billion to settle claims baby powder, other talc products caused cancerJohnson & Johnson agrees to pay $8.9 billion to settle claims alleging their talc products caused cancer, which they continue to deny.
Read more »