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What will be J&J's total settlement amount for ovarian cancer talc claims by end of 2025?
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Resolution / Starting Odds
Less than $8.2 billion • 25%
$8.2 billion to $10 billion • 25%
More than $10 billion • 25%
No settlement reached • 25%
Official announcements from Johnson & Johnson or court filings
Story
Johnson & Johnson Raises Baby Powder Settlement Offer to Over $8.2 Billion; 83% of Plaintiffs Agree
Sep 20, 2024, 07:55 PM
Johnson & Johnson has increased its offer to settle thousands of lawsuits alleging its baby powder caused cancer to more than $8.2 billion, up from a previous offer of $6.5 billion. The company announced that its subsidiary, Red River Talc LLC, has filed for Chapter 11 bankruptcy for the third time to resolve current and future ovarian cancer talc claims. This move is part of J&J's strategy to advance the proposed $10 billion settlement and put an end to years of litigation. A majority of baby powder users, 83% of plaintiffs, have agreed to back the settlement offer.
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Less than $5 billion • 25%
$5 billion to $10 billion • 25%
$10 billion to $20 billion • 25%
More than $20 billion • 25%
Less than $4 billion • 25%
$4 billion to $6 billion • 25%
$6 billion to $8 billion • 25%
More than $8 billion • 25%
Less than $9 billion • 25%
$9 billion • 25%
Between $9 billion and $10 billion • 25%
More than $10 billion • 25%
Less than $6.5 billion • 25%
$6.5 billion • 25%
Between $6.5 billion and $7.5 billion • 25%
More than $7.5 billion • 25%
Less than $8.2 billion • 25%
$8.2 billion to $10 billion • 25%
$10 billion to $12 billion • 25%
More than $12 billion • 25%
Less than $7 billion • 25%
$7 billion to $8.2 billion • 25%
More than $8.2 billion to $9 billion • 25%
More than $9 billion • 25%
Settlement reached • 25%
Trial verdict in favor of plaintiffs • 25%
Trial verdict in favor of Johnson & Johnson • 25%
Ongoing litigation • 25%
Accepted • 25%
Rejected • 25%
Modified • 25%
Pending • 25%
Approved • 25%
Rejected • 25%
Modified and Approved • 25%
Pending • 25%
Less than 10,000 • 25%
10,000 to 20,000 • 25%
20,001 to 30,000 • 25%
More than 30,000 • 25%
Approved and finalized • 25%
Rejected by claimants • 25%
Modified and accepted • 25%
Pending decision • 25%
Finalized and paid • 25%
Finalized but not paid • 25%
Not finalized • 25%
Settlement amount changed • 25%