Johnson & Johnson was ordered on Thursday by a jury in a New Jersey court to pay punitive damages of $750 million to four plaintiffs who allege that the company’s Baby Powder caused their cancer, according to a lawyer for the plaintiffs. J&J said the judge was planning on reducing the damages to $185 million. During an earlier phase of the trial, the jury held J&J liable for the plaintiffs’ cancers and awarded them $37.2 million in compensation. …read more
Source:: Yahoo Finance
