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What will be the next major legal development in Johnson & Johnson talc lawsuits by March 31, 2025?
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Resolution / Starting Odds
Settlement Approved • 25%
Settlement Rejected • 25%
New Settlement Offer • 25%
Ongoing Litigation • 25%
Court rulings and official announcements from Johnson & Johnson
Story
Johnson & Johnson Adds $1.1 Billion to Talc Settlement Offer, Now Roughly $9 Billion, Winning Over Allen Smith
Sep 4, 2024, 11:00 PM
Johnson & Johnson has increased its offer by $1.1 billion to roughly $9 billion to resolve tens of thousands of legal actions alleging its baby powder and other talc products caused cancer. This move has won over a longtime holdout, tort lawyer Allen Smith, for its talc settlement plan. The company aims to secure more votes in favor of the settlement after increasing its offer, according to a WSJ report citing two people familiar with the matter.
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Class action lawsuit • 25%
Individual lawsuits • 25%
Government investigation • 25%
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Trial verdict in favor of Johnson & Johnson • 25%
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New lawsuits under 100 • 25%
New lawsuits 100-500 • 25%
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Full settlement approved • 25%
Partial settlement approved • 25%
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Increase settlement offer • 25%
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Both increase offer and file bankruptcy • 25%
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International • 25%