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J&J Plunges After Plan to Settle Baby Powder Suits Fails
Автор: LiveNews99
Загружено: 2025-04-11
Просмотров: 14
Описание: Johnson & Johnson shares saw their largest drop in five years after a court rejected the company’s attempt to resolve thousands of talc-related lawsuits through bankruptcy. As a result of the ruling, J&J is now required to contest approximately 60,000 claims from women alleging that its iconic baby powder caused ovarian cancer and other gynecological diseases in courts nationwide. Additionally, the company might need to allocate significantly more funds than the $9 billion it had initially set aside for victims.
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