J&J subsidiary files for bankruptcy to advance $8 billion talc settlement
- Posted on September 20, 2024
- By CNN
- 2 Views
J&J subsidiary files for bankruptcy to advance $8 billion talc settlement
A Johnson & Johnson subsidiary filed for bankruptcy for a third time on Friday as the healthcare giant seeks to advance an approximately $8 billion proposed settlement that would end tens of thousands of lawsuits alleging that the company’s baby powder and other talc products caused cancer.
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