Johnson & Johnson $10 Billion Settlement Proposal Rejected

A U.S. bankruptcy judge rejected Johnson & Johnson’s $10 billion proposal to settle lawsuits alleging its baby powder and other talc products cause ovarian cancer. It’s the third time the company’s bankruptcy strategy failed in court, Reuters noted. WATCH: Johnson & Johnson’s $10 billion bankruptcy deal to end tens of thousands of lawsuits alleging that its baby … Continue reading Johnson & Johnson $10 Billion Settlement Proposal Rejected