Johnson & Johnson offers up to $5.5bn to settle baby powder lawsuits
The proposed settlement aims to close a years-long legal battle over claims its talcs products cause cancer.
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Notable Quotes
"the allegations are 'meritless' and that J&J was willing to settle in order to finally resolve the matter."
— Erik Haas , Executive
"the company is confident that it would have 'ultimately prevailed with further litigation' just as it has in the majority of cases heard in court to date."
— Erik Haas , Executive
"the proposed resolution 'allows the company to put this matter behind it' and enable J&J to 'remain focused on its mission to develop medicines and devices that save lives.'"
— Erik Haas , Executive
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The proposed settlement aims to close a years-long legal battle over claims its talcs products cause cancer.
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