Last July, Johnson & Johnson was hit with a staggering $4.69 billion verdict – one of the largest jury awards in the country – over claims that its Johnson’s Baby Powder and other talcum powder products contain asbestos – a known carcinogen – and contributed to the ovarian cancer diagnoses of 22 women. The news sent the company’s stock into its biggest annual share loss in a decade. But the company may never pay a dime of that verdict. The consumer health care giant is appealing the massive verdict. Its chances of seeing the award slashed or even stricken completely ... Read More
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