Judge orders J & J to pay $572M in Oklahoma opioid trial

An Oklahoma judge ruled Monday Johnson& Johnson must pay $572 million for its role in contributing to the state's opioid-addiction epidemic. The verdict was issued by Cleveland County District Judge Thad Balkman. Johnson& Johnson (NYSE: JNJ) immediately said it would appeal the ruling. Johnson& Johnson's stock was down 2% at $130.12 per share in after hours trading. Based in New Brunswick, New Jersey, Johnson& Johnson has a large presence in the Philadelphia region with manufacturing, research …
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