A judge has dismissed Johnson & Johnson's latest effort to resolve tens of thousands of lawsuits claiming its talcum powder products caused cancer. The company had sought to use bankruptcy court to consolidate and settle the claims, but the judge ruled against this strategy. This decision means that the individual lawsuits will continue to move forward through the legal system.
The lawsuits allege that Johnson & Johnson's talc-based powders contained asbestos, a known carcinogen, and that the company knew about the risks but failed to warn consumers. Johnson & Johnson maintains that its talc products are safe and do not cause cancer. The company faces billions of dollars in potential liabilities if it loses the lawsuits.
This is not the first time Johnson & Johnson has attempted to use bankruptcy to resolve the talc litigation. Previous attempts have also been unsuccessful. The company's legal battles over its talc products are expected to continue for years to come.
Johnson & Johnson Fails to Halt Talc Lawsuits Through Bankruptcy
Johnson & Johnson's attempt to use bankruptcy court to settle thousands of lawsuits related to its talcum powder has been rejected by a judge. The lawsuits claim that the company's talc products caused cancer in users. This ruling allows the lawsuits to proceed through the court system. Johnson & Johnson faces significant legal challenges regarding the safety of its talc-based products.