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Johnson & Johnson Falls On Report Of Justice Department Probe
Friday, July 12, 2019 - 2:47pm | 490Shares of Johnson & Johnson (NYSE: JNJ) were trading lower Friday after Bloomberg reported that the Justice Department has launched a criminal probe into the company. What Happened The investigation is focused on whether J&J deceived the public about the risk of cancer linked to its...
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Johnson & Johnson To Pay $300M In Punitive Damages In Olson Talc Cancer Case
Friday, May 31, 2019 - 1:30pm | 251Johnson & Johnson (NYSE: JNJ) has been ordered by a jury to pay $300 million in punitive damages to a woman who blamed her rare asbestos-related cancer on the company’s talc products. The plaintiff is Donna Olson, who has mesothelioma in her lungs. Bloomberg said Johnson & Johnson...
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Johnson & Johnson Falls Following Baby Powder Asbestos Report
Friday, December 14, 2018 - 12:47pm | 472Johnson & Johnson (NYSE: JNJ) stock tanked more than 11 percent Friday morning after an investigative piece by Reuters alleges the company knew one of its most popular products was dangerous for decades. What Happened Reuters published a story claiming Johnson & Johnson has been aware its...
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Jury Awards Woman $417 Million On Allegation Johnson & Johnson Talcum Powder Gave Her Cancer
Tuesday, August 22, 2017 - 8:40am | 433A jury in California ordered Johnson & Johnson (NYSE: JNJ) to pay $417 million to a woman who claimed the company’s talcum powder gave her cancer, the latest in a recent string of successful lawsuits. Eva Echeverria, 63, said she started using baby powder when she was 11 years old. She...
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Johnson & Johnson Loses Another Court Case Over Claims Its Talcum Powder Causes Cancer
Tuesday, May 3, 2016 - 9:20am | 298Johnson & Johnson (NYSE: JNJ) is being forced to pay $55 million in damages to a user of its talcum powder products. Talc is a mineral composed of magnesium, silicon, oxygen and hydrogen. According to CNN Money, Johnson & Johnson will pay $55 million in damages to Gloria Ristesund, who used...