Johnson & Johnson to pay $8.9 billion to settle claims talc products caused cancer

Johnson & Johnson announced Tuesday that the company has agreed to pay $8.9 billion over 25 years to settle "all current and future" claims that the company's baby powder and other cosmetic talc products allegedly caused cancer. The company announced in the securities filing that its subsidiary…#johnsonjohnson #ltlmanagementinc #chapter11 #erikhaas #bankruptcycourt #abcnews
Source: Reuters: Health - Category: Consumer Health News Source Type: news