J&J Unit’s 2nd Big Bankruptcy Move for $8.9B Talc Settlement
Johnson & Johnson (J&J) has agreed to pay a staggering $8.9 billion to settle tens of thousands of lawsuits alleging that talc in its iconic Baby Powder and other products caused cancer, according to a company statement released on April 4, 2023. This amount is nearly five times the original offer of $2 billion made…