J&J Talcum-Settlement Consent Judgments Filed, U.S. State AGs Say
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Dow Jones
By Josh Beckerman
Several attorneys general said Tuesday that consent judgments were filed in connection with Johnson & Johnson's $700 million settlement related to marketing of its talcum-based baby powder.
The company and attorney generals in most U.S. states announced a tentative agreement in January.
The settlement is pending judicial approval, the attorneys general said.
J&J no longer sells talc-based baby powder.
The proposed settlement doesn't resolve the personal-injury lawsuits filed by thousands of plaintiffs in various U.S. courts.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
June 11, 2024 14:13 ET (18:13 GMT)
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