Month: August 2014

Talcum Powder Lawsuits

Talcum powder lawsuits are claims that baby powder manufacturers knew their talc was contaminated by asbestos and could cause mesothelioma and ovarian cancer, but did nothing to warn consumers about the risk. Most cases are individual lawsuits but at least four class action lawsuits have been filed. Recent jury verdicts have awarded billions of dollars to plaintiffs.

As of Dec. 15, 2021, Johnson & Johnson faces 37,447 cases stemming from asbestos contamination of talc products. With mounting costs from more than $4 billion in settlements, verdicts and defense costs, in summer 2021, the company created a subsidiary, LTL Management LLC, to split its assets from its liabilities.

J&J has a reported market share of more than $450 billion. The new subsidiary, however, lists its worth at $10 billion and its liabilities at $10 billion.

Despite a July 2021 letter from the U.S. House of Representatives oversight committee urging it to

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