Johnson & Johnson (JNJ) Stock: Record $1.5 Billion Talc Verdict Rocks Healthcare Giant

TLDR Baltimore jury orders Johnson & Johnson to pay $1.5 billion to cancer patient Cherie Craft Verdict represents largest single-plaintiff award in company’s talc litigation history J&J and subsidiary liable for failing to warn about asbestos in baby powder products Company faces 67,000 additional lawsuits and plans immediate appeal JNJ stopped global talc baby powder [...]

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