Johnson & Johnson agrees to $700M settlement over talcum powder security issues – NaturalNews.com

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June 21, 2024

Johnson & Johnson (J&J) has agreed to pay $700 million to settle claims that it misled prospects in regards to the security of its talcum-based powder.

Illinois Lawyer Basic (AG) Kwame Raoul confirmed the settlement between the corporate and a gaggle of 43 bipartisan AGs. In accordance with Raoul, the settlement sought “to resolve allegations the corporate deceptively promoted and misled shoppers in commercials associated to the protection and purity of some talcum powder merchandise, together with child powder and physique powder.” (Associated: J&J will pay $700 million to 42 states in talc baby powder lawsuit, officials announce.)

“Shoppers depend on correct info when making choices about which merchandise to buy for his or her households. Any firm – irrespective of how massive – should be held accountable when legal guidelines defending shoppers are damaged and their belief is violated,” stated the Prairie State’s Democratic AG. “I’ll proceed to work to make sure shoppers are protected against false promoting, scams and harmful merchandise within the market.”

Republican Florida AG Ashley Moody lauded the transfer, calling it “a significant development for client product security.” In the meantime, Democratic Maryland AG Anthony Brown stated: “Sure talc-based merchandise had been marketed as protected, however some had been tainted with asbestos, probably inflicting severe well being points.” He added that of the $700 million payout, nearly $15 million will go to the Previous Line State.

Regardless of settlement, J&J nonetheless faces THOUSANDS of lawsuits

The settlement resolves fees that J&J misled shoppers into believing its talc merchandise, which it offered for greater than a century earlier than stopping, had been protected. J&J didn’t admit wrongdoing in settling with the states, which had been led by Florida, North Carolina and Texas, and has stated its talc merchandise are protected and don’t trigger most cancers. The corporate introduced a settlement in precept in January.

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Nonetheless, J&J nonetheless faces tens of 1000’s of talc lawsuits, and a category motion accusing the New Brunswick, New Jersey-based firm of fraudulently hiding their risks from shareholders.

As of March 31, about 61,490 individuals had been nonetheless suing J&J over talc. Most had been girls with ovarian most cancers, whereas a smaller quantity had mesothelioma, a kind of most cancers linked to asbestos.

J&J stopped promoting talc-based child powder globally final 12 months, switching to corn starch as the principle ingredient. It has maintained that its merchandise don’t include asbestos.

As a part of the settlement, which remains to be pending judicial approval, the well being merchandise big will completely cease the manufacturing, promotion and sale of all of its child powder and different physique and beauty merchandise that include talcum powder. That features Johnson’s Child Powder and Johnson & Johnson’s Bathe to Bathe. The corporate determined to tug talc-based powders off the market in North America in 2020.

J&J will make 4 settlement funds to the 43 events concerned beginning on the finish of July, in response to the settlement.

In an announcement, J&J’s worldwide vp of litigation, Erik Hass, stated the corporate “continues to pursue a number of paths to attain a complete and closing decision of the talc litigation.”

“That progress consists of the finalization of a beforehand introduced settlement that the corporate reached with a consortium of 43 state AGs to resolve their talc claims,” he continued. “We’ll proceed to handle the claims of those that don’t wish to take part in our contemplated consensual chapter decision by litigation or settlement.”

J&J has twice tried to resolve the litigation by inserting into chapter 11 a subsidiary it created to include its talc liabilities, however courts rebuffed each makes an attempt. On Might 1, the New Jersey-based client merchandise agency proposed a $6.48 billion settlement to resolve many of the litigation by a 3rd chapter submitting. It has put aside an $11 billion reserve to cowl all talc liabilities.

Go to Products.news for extra related tales.

Watch Jefferey Jaxen and Del Bigtree discussing J&J’s third attempt to escape legal liability through a bankruptcy filing on “The HighWire with Del Bigtree.”

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