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Two reasons why settling JNJ's baby powder litigation is great for shareholders

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With the J&J talc litigation overhang nearing an end, we find is that Johnson & Johnson is well-positioned for the rest of the year.

A resolution to Johnson & Johnson's outstanding talc litigation claims may finally be here — and that's welcome news for the company and its shareholders. The health-care giant announced Tuesday its subsidiary LTL Management has refiled for voluntary Chapter 11 bankruptcy protection as part of a reorganization plan that the company said "will equitably and efficiently resolve all talc litigation claims.

In this photo illustration a bottle of Johnson & Johnson baby powder is displayed on a table on November 12, 2021 in San Anselmo, California.A resolution to Johnson & Johnson's outstanding talc litigation claims may finally be here — and that's welcome news for the company and its shareholders.

 

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Because they’re cheating the system with the Texas Two-step. Gross avoidance of culpability.

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Exclusive: Johnson & Johnson considers refiling talc-liability bankruptcy after appeals-court defeatJ&J is exploring placing a subsidiary shouldering tens of thousands of talc lawsuits into bankruptcy proceedings for a second time, despite a court decision invalidating the legal maneuver. መን እዩ ኣባና ጥራሕ ዝናብር ኣሜ ልኩሉ ምኳኑ ልትነጉሩ ላነፍቅጅላቹ ኣይትክውንን፦፤
Source: Reuters - 🏆 2. / 97 Read more »