US Judge Dismisses J&J's $10 Billion Baby Powder Settlement Proposal

Reported 1 day ago

A U.S. bankruptcy judge has rejected Johnson & Johnson's proposal to settle lawsuits claiming their baby powder and talc products cause ovarian cancer. This marks the third unsuccessful bankruptcy attempt by J&J to resolve over 60,000 claims against them. The judge determined that J&J does not qualify for bankruptcy, stating the decision is justified despite its difficulty.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis