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Johnson & Johnson to pay $700 mln to settle states’ talc-marketing probe – Bloomberg News

In principle, Johnson & Johnson has agreed to pay $700 million to settle claims from more than forty U.S. states that it did not correctly market its baby powder containing talc, Bloomberg News reported on Monday.

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The settlement could ward off potential lawsuits claiming J&J concealed any connection between talc contained in its powder and various cancers, according to the report citing sources familiar with the agreement.

J&J and the state attorneys general representatives are working out the specifics of the agreement but have reached an agreement on the total sum, Bloomberg News reported.

J&J did not immediately reply to a Reuters request for comments.

Courts have rejected two attempts from the firm to use the bankruptcy procedure to restrict its liability to litigation involving talc.

In the past, J&J had set aside approximately $400 million to settle U.S. state consumer protection actions in its $8.9 billion plan to settle allegations that its Baby Powder and other talc-based products cause cancer.

Several states, including New Mexico and Mississippi, had initiated consumer protection measures against J&J before the company’s LTL Management’s bankruptcy filing of 2021, which prevented the investigations from progressing.

J&J has stated that its Talc products are safe and won’t cause cancer.

If you or someone close to you has ever used Johnsons & Johnsons Talcum Powder and has experienced health issues then you are eligible, you could be able to file a case and get your due compensation.

To schedule a free case evaluation, contact us now. We’ll be happy with any queries you may have and assist you in getting the justice you deserve.

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