Johnson & Johnson opioid trial judge expected to issue landmark verdict Monday [CNBC]
Johnson & Johnson (JNJ)
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Source: CNBC
Johnson & Johnson opioid trial judge expected to issue landmark verdict Monday An judge is expected to issue what will be a landmark ruling Monday on whether The attorney general claims J&J and its pharmaceutical subsidiary Janssen aggressively marketed to doctors and downplayed the risks of opioids beginning in the 1990s. The company's sales practices created an oversupply of the addictive painkillers and "a public nuisance" that upended lives and will cost the state $12.7 billion to $17.5 billion, the state says. Attorney General Mike Hunter is urging Cleveland County District Judge Thad Balkman to force J&J to pay more than $17 billion in the first civil trial in the U.S. seeking to hold a drugmaker accountable for helping fuel the epidemic. The $17 billion — to be used as part of an abatement plan over 30 years — would provide funds for addiction treatment and prevention programs in the state, officials say. J&J has denied any wrongdoing, and there's always a chance it could
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JNJ
Earnings
- 4/16/24 - Beat
JNJ
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