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US judge tosses lawsuit accusing J&J of fraud over talc bankruptcy strategy
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1 Articles
1 Articles
US judge tosses lawsuit accusing J&J of fraud over talc bankruptcy strategy
By Dietrich Knauth Jan 29 (Reuters) – A U.S. district judge on Thursday dismissed a lawsuit alleging Johnson & Johnson committed fraud by repeatedly attempting to use a shell company’s bankruptcy to resolve tens of thousands of lawsuits claiming its baby powder and other talc products caused cancer. Filed by five cancer victims suing J&J over its talc products, the lawsuit alleged that the bankruptcy strategy was designed to put billions of dol…
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