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Johnson & Johnson (JNJ) stock dropped back to the 200-day Simple Moving Average (SMA) on Tuesday after the company’s attempt to place its former talc business in bankruptcy failed for the third time.
The entire case rests on two key questions, Dubin said, the first being, "Does talcum powder cause ovarian cancer," and the second, "Did talcum powder use cause Ms. Matthey's Cancer?" If the ...
A judge dismissed an attempt to use a bankruptcy court to resolve tens of thousands of claims that the company’s talcum power ...
(AP Photo/Ted Shaffrey, File) Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] A U.S. bankruptcy court ...
A U.S. bankruptcy judge on Monday rejected Johnson & Johnson's $10 billion proposal to end tens of thousands of lawsuits ...
It faces lawsuits from more than 60,000 claimants alleging its baby powder and other talc products ... and defeat these meritless talc claims", and does not plan to appeal the ruling.
(Bloomberg) -- A Johnson & Johnson unit working to resolve massive cancer litigation in bankruptcy court was accused by a ...
A U.S. bankruptcy court judge has denied Johnson & Johnson’s settlement plan related to baby powder containing talc, providing another setback in the company’s efforts to resolve the matter A ...
This is the third bankruptcy case for a J&J company as it relates to the baby powder issue. Recommended Videos Red River Talc LLC, a J&J subsidiary, was seeking confirmation of a proposed ...
Last year a subsidiary of J&J proposed to pay approximately $6.48 billion over 25 years as part of a settlement in the U.S. to cover allegations that its baby powder containing talc caused ovarian ...