J & J on the Hook for $417M in California Talcum Powder Case

8/21/17

Johnson & Johnson (NYSE:JNJ) is on the losing end of a jury verdict in California in a court case involving a woman who claimed that the company's baby powder caused her ovarian cancer. The company has been ordered to pay $417M to the plaintiff, a ruling it plans to appeal. Investors appear unconcerned. Shares were up 1% in the session.

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