J&J Wins Fight to Resolve Talc Lawsuits in Bankruptcy Court

Posted on Posted in Talcum Powder Cancer Link

Feb 25 (Reuters) – A U.S. judge ruled on Friday that a Johnson & Johnson (JNJ.N) subsidiary can remain in bankruptcy, preventing plaintiffs from pursuing 38,000 lawsuits against the company alleging its baby powder and other talc products cause cancer. J&J’s stock rose more than 5%, its biggest one-day gain since the start of the pandemic in […]

Durbin: Johnson & Johnson Is Avoiding Accountability To Customers Who Got Cancer

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WASHINGTON – U.S. Senate Majority Whip Dick Durbin (D-IL), Chair of the Senate Judiciary Committee, delivered remarks at the Subcommittee on Federal Courts, Oversight, Agency Action, and Federal Rights hearing on “Abusing Chapter 11: Corporate Efforts to Side-Step Accountability Through Bankruptcy.”  During his remarks, Durbin called out Johnson & Johnson for using a corporate bankruptcy […]

J&J tried to worm its way out of paying $3.5BN to victims of cancer-causing baby talc by forming a new company and declaring BANKRUPTCY and then tried to GAG journalists from reporting it

Posted on Posted in Talcum Powder Cancer Link

J&J secretly launched ‘Project Plato’ last year to shift liability from about 38,000 pending Baby Powder talc lawsuits to a newly created subsidiary The subsidiary company, LTL, was then put into bankruptcy in October in order for J&J to limit its financial exposure to the lawsuits  Company said it placed LTL into bankruptcy to settle those claims rather […]