Johnson & Johnson proposes $6.5bn settlement

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Johnson & Johnson proposes $6.5bn settlement of baby powder cancer lawsuits

Johnson & Johnson (J&J) is moving forward with a $6.475bn proposed settlement of tens of thousands of lawsuits alleging that its baby powder and other talcum-powder products were contaminated with asbestos and caused ovarian cancer, the compa..
Johnson & Johnson might put baby powder, other talc liabilities into bankruptcy, sources say

Johnson & Johnson (JNJ.N) is exploring a plan to offload liabilities from widespread Baby Powder litigation into a newly created business that would then seek bankruptcy protection, according to seven people fami...

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