Johnson & Johnson company offices are shown in Irvine, California, U.S., October 14, 2020. REUTERS/Mike Blake/File PhotoApril 10 - Johnson & Johnson's renewed effort to resolve talc lawsuits through an $8.9 billion bankruptcy settlement must be dismissed as a "fraudulent scheme" that defies a court order rejecting the company's previous attempt to settle the litigation, according to a court filing from lawyers representing cancer victims.
They said the company had fraudulently transferred $50 billion in assets away from LTL to get around a ruling from the 3rd U.S. Circuit Court of Appeals that it was not in sufficient "financial distress" to qualify for bankruptcy. J&J said that 70,000 claimants had signed up to support its new $8.9 billion settlement plan, but it is not clear whether the company will reach the 75% support it needs to get its settlement approved in bankruptcy court.
Just look at the section entitled 'recalls and litigation' and then send these devils back to whatever hell they came from.
With well.over 100,000 lawsuits against them, and countless billions paid out in leiu of admitting guilt, JOHNSON AND JOHNSON qualifies as one of the most corrupt unethical corporations of all time. Boycott this evil company.
Where's J&J's COVID money at?
Where were women putting the powder and why?
Corporate greed is literally fatal!
Companies like J&J, Nestle etc that targeting children and babies should abide special regulations and their products should always be monitored closely...