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Michigan attorney general, 42 others reach $700M nationwide settlement against Johnson & Johnson
Read full article: Michigan attorney general, 42 others reach $700M nationwide settlement against Johnson & JohnsonMichigan Attorney General Dana Nessel and 42 other attorney generals reached a $700 million nationwide settlement to resolve allegations about marketing Johnson & Johnson's baby powder and body powder products containing talc.
Johnson & Johnson asks high court to void $2B talc verdict
Read full article: Johnson & Johnson asks high court to void $2B talc verdictJohnson & Johnson is asking for Supreme Court review of a $2 billion verdict in favor of women who claim they developed ovarian cancer from using the companyโs talc products.
Johnson & Johnson stock falls after asbestos found in baby powder
Read full article: Johnson & Johnson stock falls after asbestos found in baby powderOct. 18: Johnson & Johnson announced that it's initiating a voluntary recall in the United States of its popular Johnson's Baby Powder due to low levels of asbestos contamination. (CNN) - The bad news keeps coming for Johnson & Johnson: The company on Friday announced a voluntary recall of its popular baby powder after some bottles were found to contain small amounts of asbestos. The company already has been dealing with lawsuits about whether it knew of asbestos in talcum powder. Some women have alleged that their ovarian cancer was caused by exposure to J&J products with asbestos. "Thousands of tests over the past 40 years repeatedly confirm that our consumer talc products do not contain asbestos," the company added.
Johnson & Johnson recalls baby powder due to asbestos concerns
Read full article: Johnson & Johnson recalls baby powder due to asbestos concernsCNN(CNN) - Johnson & Johnson announced on Friday that it's initiating a voluntary recall in the United States of its popular Johnson's Baby Powder due to low levels of asbestos contamination. For instance, in March the agency announced tests found asbestos contamination in certain cosmetic products sold by Claire's and Justice retailers. Johnson & Johnson said in its Friday announced that the "company is acting out of an abundance of caution." Lawsuits have been filed against the company in the United States alleging that asbestos in its talcum powder causes cancer. Some of those cases carried verdicts against Johnson & Johnson with multimillion dollar awards to plaintiffs.