settlement

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  • in Health care

    JnJ talc unit faces skepticism on bankruptcy settlement support

    JnJ talc unit faces skepticism on bankruptcy settlement support

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    US: A Johnson & Johnson company on Tuesday defended its second attempt to resolve talc lawsuits in bankruptcy, telling a U.S. judge it can quickly build consensus around its $8.9 billion settlement offer despite doubts about its assertion that 60,000 plaintiffs would support the deal. The proposed settlement has divided lawyers representing cancer victims, many of […] More

  • Microsoft, US Reach $3 Million Settlement for Over 1,300 Violations of Export Restrictions

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    The United States and Microsoft reached a settlement on Thursday over the tech firm’s apparent violations of sanctions and export controls, which it disclosed voluntarily, the government and the company said. Microsoft has agreed to remit about $3 million (roughly Rs. 24 crore) to settle its potential civil liability for more than 1,300 apparent sanctions […] More

  • in Health care

    Johnson & Johnson proposes USD 8.9 billion settlement for talc cancer claims

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    US pharmaceutical giant Johnson & Johnson on Tuesday proposed an $8.9 billion settlement to resolve years-old lawsuits claiming that its talcum powder products caused cancer. The New Jersey-based company said the proposed settlement, which still needs the approval of a bankruptcy court, “will equitably and efficiently resolve all claims arising from cosmetic talc litigation.” For […] More

  • in Health care

    JnJ proposes USD 8.9 billion settlement of talc cancer claims

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    US: US pharmaceutical giant Johnson & Johnson on Tuesday proposed an $8.9 billion settlement to resolve years-old lawsuits claiming that its talcum powder products caused cancer. The New Jersey-based company said the proposed settlement, which still needs the approval of a bankruptcy court, “will equitably and efficiently resolve all claims arising from cosmetic talc litigation.” […] More