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The Latest From Johnson & Johnson's Asbestos Scandal
Thursday, February 21, 2019 - 11:00am | 320Shares of Johnson & Johnson (NYSE: JNJ) fell Thursday after the company confirmed it received subpoenas from the Securities and Exchange Commission and Department of Justice related to alleged asbestos contamination in its baby products. What Happened Johnson & Johnson dominated headlines...
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Jury Upholds $4.69B Verdict In Johnson & Johnson Baby Powder Case
Wednesday, December 19, 2018 - 2:49pm | 391A jury ruled against Johnson & Johnson (NYSE: JNJ) in which the health care giant attempted to reverse $4.14 billion in punitive damages and $550 million in compensatory damages. Shares of the Dow Jones component were trading lower Wednesday afternoon. What Happened Judge Rex Burlison of the...
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Johnson & Johnson CEO Tells Cramer 'Thousands Of Studies' Refute Asbestos Allegations
Tuesday, December 18, 2018 - 9:45am | 491Several Johnson & Johnson (NYSE: JNJ) executives, mine managers, scientists, doctors and lawyers were aware that small amounts of asbestos were found in its baby powder -- a claim Johnson & Johnson CEO Alex Gorsky told CNBC's Jim Cramer is not true. What Happened Johnson & Johnson...
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Johnson & Johnson's Asbestos Woes: Experts Speak Up
Monday, December 17, 2018 - 12:05pm | 519After a 10 percent drop Friday, Johnson & Johnson (NYSE: JNJ) opened Monday’s session down another 2 percent following last week’s Reuters report that the company has known about asbestos contamination in its baby powder for decades. While the potential for legal and regulatory...
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Johnson & Johnson Falls Following Baby Powder Asbestos Report
Friday, December 14, 2018 - 12:47pm | 472Johnson & Johnson (NYSE: JNJ) stock tanked more than 11 percent Friday morning after an investigative piece by Reuters alleges the company knew one of its most popular products was dangerous for decades. What Happened Reuters published a story claiming Johnson & Johnson has been aware its...
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Jury Awards Woman $417 Million On Allegation Johnson & Johnson Talcum Powder Gave Her Cancer
Tuesday, August 22, 2017 - 8:40am | 433A jury in California ordered Johnson & Johnson (NYSE: JNJ) to pay $417 million to a woman who claimed the company’s talcum powder gave her cancer, the latest in a recent string of successful lawsuits. Eva Echeverria, 63, said she started using baby powder when she was 11 years old. She...