Johnson & Johnson’s Attempt to Contain Talc-Related Liabilities Is Rebuffed
The company faces some 40,000 plaintiffs that claim its baby powder caused cancer. A federal appeals court on Monday rejected a bankruptcy filing by a Johnson & Johnson subsidiary, dealing a setback to the company’s attempt to limit its exposure to a flood of lawsuits over its talcum-powder products. More than 40,000 plaintiffs have sued Johnson & […]