How Much Will It Cost Johnson & Johnson To Settle Most of Its Lawsuits?
Johnson & Johnson has been facing several lawsuits over its different products, including talc, hip-plants, and the blood thinner, Xarelto. There are a total of around 50,000 such cases against the company. The company has agreed to settle several of these cases, as announced over the last few months. However, if it were to settle all of the above 50,000 cases, it would cost the company an amount north of $6 billion, in our view. Johnson & Johnson is capable of settling all the claims if need be from its cash in hand of $14 billion. View our interactive dashboard analysis ~ How Much Money Could Johnson & Johnson Have To Shell Out To Settle Its Lawsuits?
TriMark Legal Funding provides non-recourse pre-settlement and post-settlement Xarelto lawsuit loans to injured plaintiffs nationwide.
This post originally appeared here: https://www.forbes.com/sites/greatspeculations/2019/08/26/how-much-will-it-cost-johnson-johnson-to-settle-most-of-its-lawsuits/
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