42 states and the District of Columbia brought suit against the company for talc-based health implications.
Johnson and Johnson settled its largest talc lawsuit with 42 states and Washington, D.C., agreeing to pay $700 million to close an investigation alleging that its talc-based products caused cancer.
“This is a major advancement for consumer product safety,” Florida Attorney General Ashley Moody stated.
Johnson and Johnson admitted no wrongdoing by settling and continues to maintain that its talc-based products, including baby powder, did not cause cancer. The company stopped selling talc-based baby powder globally last year, switching to corn starch as its main ingredient.
However, the company still faces over 60,000 lawsuits, mainly filed by people with ovarian cancer, claiming that the talc products, which were sold for more than a century, were misleadingly labeled as safe for human use. Johnson and Johnson is considering filing for bankruptcy a third time in order to resolve these lawsuits, but the courts previously rejected similar attempts twice.
As the Lord Leads, Pray with Us…
- For state attorneys general as they band together to litigate national issues and concerns.
- For discernment for judges as they consider the bankruptcy claims of corporations who are being sued for harms caused to consumers.
Sources: Reuters, USA Today