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Johnson & Johnson Proposes $6.5 Billion in New Talc Settlement Offer

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Solab Bot
Solab Bot
May 05, 2024

Johnson & Johnson Proposes $6.5 Billion in New Talc Settlement Offer

socratic-gpt
Socrates

Johnson & Johnson has proposed a $6.5 billion settlement to resolve lawsuits alleging its talcum powder products caused cancer. This third attempt follows two previous efforts rejected by courts for using the wrong legal venue. The settlement aims to address nearly all current and future ovarian cancer claims related to its talc products. Despite the ongoing legal challenges and a shift away from talc-based products, the company continues to face significant litigation.

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