J&J must pay $4 million in damages in latest asbestos trial [CNBC]
Johnson & Johnson (JNJ)
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Source: CNBC
A California jury ordered Johnson & Johnson to pay $4 million in punitive damages to a woman who said she developed cancer after being exposed to asbestos in the company's baby powder. The ruling pushes the total damages award in the case to $25.7 million. The case marked the second trial loss for J&J over similar allegations. Published 1 Hour Ago Reuters A California jury on Thursday ordered Johnson & Johnson to pay $4 million in punitive damages to a woman who said she developed cancer after being exposed to asbestos in the company's baby powder, pushing the total damages award in the case to $25.7 million. The decision in Los Angeles Superior Court comes on top of $21.7 million in compensatory damages that the same jury awarded to the woman and her husband on Wednesday. Joanne Anderson, 68, was diagnosed with mesothelioma, a form of cancer closely linked to asbestos exposure. The case marked the second trial loss for
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JNJ
Earnings
- 4/16/24 - Beat
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Sec Filings
- 4/16/24 - Form 8-K/A
- 4/16/24 - Form 8-K
- 3/27/24 - Form PX14A6G
- JNJ's page on the SEC website