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October 15, 2021
A subsidiary created by Johnson & Johnson to hold claims related to its talc-based products filed for bankruptcy on Thursday in an attempt to deal with tens of thousands lawsuits alleging the products are linked
October 15, 2021
Johnson & Johnson placed into bankruptcy its liabilities for tens of thousands of claims linking talc-based products to cancer
October 15, 2021
Company faces legal actions from thousands over Baby Powder's cancer link
October 15, 2021
Johnson & Johnson today announced that LTL Management LLC a newly created and separate subsidiary of Johnson & Johnson, that was established to hold and manage claims in the cosmetic talc litigation, has filed for voluntary Chapter 11 bankruptcy protection. This filing is intended to resolve all claims related to cosmetic talc in a manner that is equitable to all parties, including any current and future claimants. ...
October 15, 2021
Oct 14 - Johnson & Johnson on Thursday put into bankruptcy tens of thousands of legal claims alleging its Baby Powder and other talc-based products
October 14, 2021
/PRNewswire/ -- Johnson & Johnson (NYSE: JNJ) (the Company) today announced that LTL Management LLC (LTL), a newly created and separate subsidiary of Johnson &...
October 14, 2021
/PRNewswire/ -- Johnson & Johnson (NYSE: JNJ) (the Company) today announced that LTL Management LLC (LTL), a newly created and separate subsidiary of Johnson &...
October 2, 2021
The state and its political subdivisions could get up to $1.5 billion from the...
July 22, 2021
A group of state attorneys general in the United States has unveiled a landmark $26bn settlement with major US drug companies accused of fuelling a deadly nationwide opioid epidemic, but some states were cool on the agreement. Under the settlement proposal released on Wednesday, the three largest US drug distributors – McKesson, Cardinal Health and AmerisourceBergen – are expected to pay a combined $21bn, while drugmaker Johnson & Johnson would pay $5bn. “There’s not enough money in the...
July 22, 2021
State AGs urge support for landmark $26 billion opioid settlement By Nate Raymond Reuters (Reuters) -A group of state attorneys general unveiled on Wednesday a landmark $26 billion settlement with large drug companies for allegedly fueling the deadly nationwide opioid epidemic, but the deal still requires support from thousands of local governments. Under the settlement proposal, the three largest U.S. drug distributors, McKesson Corp, Cardinal Health Inc and AmerisourceBergen Corp, are expecte...