CNN The Whole Story With Anderson Cooper June 4, 2024 00:28:00
Johnson & johnson is facing around 40,000 allegations of people saying that its talc based baby powder caused their cancer. this is not even an exhaustive list. this is just an example of one case list. and so what they say is, look, this is a solution. we filed for bankruptcy through this texas two-step maneuver. >> so in october of 2021, johnson & johnson executes what is known as the texas two-step. johnson & johnson took its consumer products business and merged it with a newly created entity in texas. it then immediately split that entity in two. one of the segments, which is now known as...