Johnson & Johnson proposes $6.5bn settlement of talc cancer lawsuits
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Johnson & Johnson offers $6.5 billion to settle talc cancer lawsuits
Plaintiffs have three months to vote on whether to approve a proposed legal settlement that would resolve nearly all talc lawsuits.
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Johnson & Johnson moves forward with $6.475 billion settlement of talc cancer lawsuits
Johnson & Johnson is moving forward with a $6.475 billion proposed settlement of tens of thousands of lawsuits alleging that its baby powder and other talc products contain asbestos and cause ovarian cancer, the company said Wednesday in a statement. The deal would allow it to resolve the lawsuits through a third bankruptcy filing of a subsidiary company. It will begin a three-month voting period in hopes of reaching consensus on a settlement of all current and future ovarian cancer claims....