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Johnson & Johnson Settles $5.5B Talcum Lawsuits
Johnson & Johnson announced a $5.5 billion settlement to resolve approximately 69,000 cases alleging that baby powder and other talc products caused ovarian cancer. The settlement includes consolidated cases in the federal court in New Jersey as well as 45 other cases in state courts, representing 99.75% of the total claims. Plaintiffs' lawyers approved the settlement, which is considered a final resolution after a decade-long legal battle, contingent upon the approval of 95% of the claimants.
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