J&J’s $10 Billion Talc Gamble: Third Bankruptcy Bid Sparks Heated Debate
In a high-stakes legal maneuver, a Johnson & Johnson subsidiary has filed for bankruptcy for the third time, aiming to push forward a proposed $10 billion settlement that could resolve more than 62,000 lawsuits. These lawsuits allege that the company’s talc-based baby powder, contaminated with asbestos, caused ovarian cancer and other health issues. J&J continues …
J&J’s $10 Billion Talc Gamble: Third Bankruptcy Bid Sparks Heated Debate Read More »