North Carolina Product Liability Lawyer Blog

Articles Tagged with J&J bankruptcy

Johnson & Johnson’s Attempt to Avoid Baby Powder Payouts Fails on Appeal

Published on: February 7, 2023 | By Clay Hodges

To most people, Johnson & Johnson (J&J) is a respected company and the maker of popular consumer products. However, J&J has taken quite a hit lately with both its reputation and finances.

Specifically, J&J has been accused of causing cancer in thousands of individuals due to the alleged presence of asbestos in its baby powder products. As a result, tens of thousands of plaintiffs have sued J&J, with notable results amounting to billions of dollars.

Even though J&J has successfully survived or settled many of these cases, it only takes a handful of plaintiff wins to cause serious financial damage to the company. Because of this, J&J employed a sneaky and ambitious plan called Project Plato.

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