John­son & John­son hit with $4.7B ver­dict

The Norwalk Hour - - BUSINESS -

John­son & John­son was found li­able for $4.7 bil­lion in com­pen­satory and puni­tive dam­ages by a fed­eral jury in St. Louis, af­ter a law­suit by 16 women and the fam­i­lies of six more who died as a re­sult of ovar­ian can­cer they say they con­tracted from as­bestos fibers in the com­pany’s main­stay line of baby pow­der. John­son & John­son main­tains there is no as­bestos in its tal­cum pow­der and plans to ap­peal, with a judge hav­ing over­turned last year a $417 mil­lion award by a Los An­ge­les jury on sim­i­lar claims.

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