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Company notes that Court's decision to deny hearing has no views on the case merits.
June 1, 2021
By: TOM BRANNA
Editor
Johnson & Johnson has lost its talc-related appeal to the highest court in the US. The US Supreme Court said Tuesday that it wouldn't hear an appeal brought by Johnson & Johnson of a $2.1 billion verdict won in a state court in Missouri by women who said they had been harmed by the company’s baby powder. J&J stock, needless to say, is falling. J&J has fought lawsuits for years over claims that its baby powder caused cancer. Last May, the company stopped selling talc-b...
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