Johnson & Johnson Pursues $8 Billion Talc Settlement with Third Bankruptcy Filing Amid Legal Battles
Johnson & Johnson (J&J) has filed for bankruptcy for the third time in a determined effort to resolve a massive wave of lawsuits accusing the company’s talcum powder products of causing cancer. The filing was made by J&J’s subsidiary, Red River Talc, in the Southern District of Texas, marking another attempt by the healthcare giant […]
