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What percentage of plaintiffs will accept Johnson & Johnson's $8.2 billion talc settlement offer by December 31, 2024?
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Resolution / Starting Odds
Less than 70% • 25%
70% to 80% • 25%
80% to 90% • 25%
More than 90% • 25%
Official court documents and press releases from Johnson & Johnson
Story
Johnson & Johnson Boosts Talc Settlement Offer to Over $8.2 Billion, Files Third Bankruptcy in Texas
Sep 20, 2024, 07:54 PM
Johnson & Johnson has increased its baby powder settlement offer to more than $8.2 billion to resolve thousands of lawsuits alleging that its talc-based products caused cancer. This new offer, up from the previous $6.5 billion, is part of the company's efforts to settle these claims. Additionally, Johnson & Johnson's subsidiary, Red River Talc LLC, has filed for Chapter 11 bankruptcy for the third time in Texas bankruptcy court to advance the settlement. The bankruptcy filing is aimed at addressing both current and future ovarian cancer talc claims. A majority of the plaintiffs, approximately 83%, have agreed to the settlement offer.
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Less than 50% • 25%
50% to 75% • 25%
75% to 90% • 25%
More than 90% • 25%
Less than 80% • 25%
80% to 89% • 25%
90% to 99% • 25%
100% • 25%
Yes • 50%
No • 50%
Less than 50% • 25%
50% to 74% • 25%
75% to 89% • 25%
90% or more • 25%
Approved • 25%
Rejected • 25%
Modified and Approved • 25%
Pending • 25%
Yes • 50%
No • 50%
Approved and finalized • 25%
Rejected by claimants • 25%
Modified and accepted • 25%
Pending decision • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Less than $9 billion • 25%
$9 billion • 25%
Between $9 billion and $10 billion • 25%
More than $10 billion • 25%
Approved without modifications • 25%
Approved with modifications • 25%
Rejected • 25%
Other • 25%