Johnson & Johnson announces $5.5 billion settlement of talc lawsuits
AI Summary
Johnson & Johnson has agreed to a $5.5 billion settlement to resolve approximately 69,000 talc-related lawsuits consolidated in federal court and related cases at the state level, covering over 99% of remaining claims.
J&J said the settlement will resolve about 69,000 cases consolidated in federal court and related cases in state court, totalling 99.75% of the remaining talc claims.