YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Johnson & Johnson is planning to appeal a decision from Missouri's highest court.
The Missouri Supreme Court yesterday let stand a June decision by a state appeals court related to the company's baby powder. In the case, J&J has been ordered to pay more than $2 billion to women who blamed their ovarian cancer on asbestos in its baby powder and other talc products.
The company is setting aside a $2.1 billion reserve for the verdict.
Read more from Reuters.
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