CSB News USA

CSB News USA · 9:28 AM

<p>Johnson & Johnson has agreed to pay an estimated $5.5 billion to resolve tens of thousands of lawsuits alleging that its baby powder and other talc-based products caused ovarian cancer, in a la

Johnson &amp; Johnson has agreed to pay an estimated $5.5 billion to resolve tens of thousands of lawsuits alleging that its baby powder and other talc-based products caused ovarian cancer, in a landmark settlement that could bring an end to a decade-long legal battle. The company said the agreement covers approximately 76,000 claims, including cases consolidated in federal court in New Jersey and related lawsuits pending in state courts. The settlement represents nearly all of the remaining talc-related claims against the company. Johnson &amp; Johnson had previously settled most lawsuits alleging that its talc products contained asbestos and caused mesothelioma. Law firms representing the plaintiffs welcomed the agreement, describing it as a fair resolution after more than ten years of litigation. The settlement, however, will only become final if 95% of ovarian cancer claimants in state and federal courts agree to its terms. Johnson &amp; Johnson's Vice President of Litigation, Erik Haas, maintained that the claims were "meritless," but said the company chose to settle to achieve closure and focus…

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