(Bloomberg) Johnson & Johnson will ask thousands of people suing over its allegedly tainted baby powder to vote in favor of a settlement that would allow the company to resolve all litigation for $11 billion — $2.1 billion more than it offered last year.Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketNYC Police Break Up Columbia Protest and Clashes Erupt at UCLALilly Soars as Forecast Boost Shows Weight-Loss Drugs’ PowerAmazon Posts Strongest Cloud Sales Growt
Johnson & Johnson will ask thousands of people suing over its allegedly tainted baby powder to vote for a settlement that would resolve all litigation for $11 billion $2.1 billion more than the company offered last year.