Reported about 1 month ago
Johnson & Johnson is set to add $1.1 billion to its proposed settlement addressing claims that its talc products, including baby powder, led to cancer. This increase would elevate the total settlement to over $9 billion, with the intention to resolve legal actions from tens of thousands of plaintiffs. The company plans to finalize the agreement through a subsidiary bankruptcy, while maintaining that its talc products are safe. Despite this, some lawyers representing cancer victims oppose the settlement plan.
Source: YAHOO