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Financial impact on Johnson & Johnson due to talc settlements by mid-2024?
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Official financial statements from Johnson & Johnson
Story
Johnson & Johnson Settles for $700M with 42 U.S. States Over Talc Marketing Allegations
Jun 11, 2024, 05:42 PM
Johnson & Johnson has reached a $700 million settlement with 42 U.S. states, including Massachusetts, and Washington, DC, over allegations of deceptive marketing related to its talc-containing baby powder and body powder products, according to Benzinga. The settlement addresses claims that the company misled consumers about the safety of these products. Additionally, New York's attorney general filed a separate lawsuit against Johnson & Johnson on Tuesday, alleging a violation of the state's executive law.
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