'This Stinks.' Johnson & Johnson's Bankruptcy Filing Draws Ire of Plaintiffs' Bar. - NewsBreak

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By Tarikul in Business
Updated 3 years ago

A bankruptcy filing, on Thursday, allows Johnson & Johnson to shift legal liability over its baby powder into a potential $2 billion compensation program for cancer victims. Johnson & Johnson says it faces 38,000 ovarian cancer cases, 430 mesothelioma lawsuits and an 'unrelenting assault by the plaintiff trial bar.'. Plaintiffs'...

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