#Johnson & Johnson damages cut in half in talcum powder cancer suit
“#Johnson & Johnson damages cut in half in talcum powder cancer suit”
June 23, 2020 | 12:34pm | Updated June 23, 2020 | 12:34pm
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The Missouri Court of Appeals awarded $500 million in actual damages and $1.62 billion in punitive damages, after dismissing claims by some of the plaintiffs.
J&J had been appealing a July 2018 jury verdict. The company has faced thousands of lawsuits over the safety of talc in its Baby Powder.
Shares of J&J were trading flat early Tuesday afternoon, at $143.62.
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