J&J faces talc lawsuits from more than 62,000 plaintiffs, according to a company filing. But the figure swells as high as 100,000 when counting claimants who haven't sued, Erik Haas, J&J's global ...

J&J has said the Purdue ruling does not affect its settlement proposal because U.S. bankruptcy law includes explicit legal protections for asbestos defendants that have not filed for bankruptcy.

J&J subsidiary LTL Management in April filed for bankruptcy in Trenton, New Jersey proposing to pay $8.9 billion to settle more than 38,000 lawsuits, and prevent new cases from coming forward in ...

J&J faces talc lawsuits from more than 62,000 plaintiffs, according to a company filing. But the figure swells as high as 100,000 when counting claimants who haven’t sued, Erik Haas, J&J’s ...

But, the litigation has resulted in some large verdicts for plaintiffs, including a $2.12 billion award in favor of 22 women who blamed their ovarian cancer on asbestos in J&J talc. In the past ...

J&J's proposed settlement would pay talc claimants about $10 billion over 25 years. The present value of the settlement is roughly $8 billion after J&J recently agreed to kick in an additional $ ...

J&J faces lawsuits from more than 62,000 claimants who alleged that its baby powder and other talc products were contaminated with asbestos and caused ovarian and other cancers.

J&J then proposed the $8.9bn settlement in early 2023 to resolve the claims. This proposal would have ended both current and future lawsuits related to J&J’s talc-based products.

A lawyer for a bankrupt J&J subsidiary said the $2 billion offer is the starting point for negotiations and could increase if the chapter 11 case proceeds.

This time, J&J's LTL spinoff upped the offer by $6.9 billion over the initial $2 billion settlement. The company says it has secured commitments from over 60,000 current claimants against J &J to ...

NEW YORK, May 16 (Reuters) - Johnson & Johnson JNJ.N has set aside $400 million to resolve U.S. state consumer protection actions as part of its broader $8.9 billion effort to settle claims that ...