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Jury orders J&J to pay nearly $4.7 billion in Missouri asbestos cancer case

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Jury orders J&J to pay nearly $4.7 billion in Missouri asbestos cancer case

Post by 8DonCo on Thu Jul 12, 2018 10:20 pm

A Missouri jury on Thursday ordered Johnson & Johnson to pay a record $4.69 billion to 22 women who alleged the company’s talc-based products, including its baby powder, contain asbestos and caused them to develop ovarian cancer.
The verdict is the largest J&J has faced to date over allegations that its talc-based products cause cancer.
The company is battling some 9,000 talc cases. J&J denies both that its talc products cause cancer and that they ever contained asbestos. It says decades of studies show its talc to be safe and has successfully overturned previous talc verdicts on technical legal grounds.

Thursday’s massive verdict, handed down in the Circuit Court of the City of St. Louis, was comprised of $550 million in compensatory damages and $4.14 billion in punitive damages, according to an online broadcast of the trial by Courtroom View Network.
J&J in a statement called the trial “fundamentally unfair” and said it would appeal the decision.
J&J shares fell $1.31, or 1 percent, to $126.45 in after-hours trading following the punitive damages award. They had risen $1.52 during regular trading.
The jury’s decision followed more than five weeks of testimony by nearly a dozen experts on both sides.
The women and their families said decades-long use of Baby Powder and other cosmetic talc products caused their diseases. They allege the company knew its talc was contaminated with asbestos since at least the 1970s but failed to warn consumers about the risks.
“Johnson & Johnson is deeply disappointed in the verdict, which was the product of a fundamentally unfair process,” the company said in a statement. The company said it remained confident that its products do not contain asbestos or cause cancer.

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Re: Jury orders J&J to pay nearly $4.7 billion in Missouri asbestos cancer case

Post by 8DonCo on Thu Jul 12, 2018 10:21 pm

4.7 tỷ , không phải triệu, big bucks

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Re: Jury orders J&J to pay nearly $4.7 billion in Missouri asbestos cancer case

Post by Wenn on Thu Jul 12, 2018 10:53 pm

Men
2 đứa con tui toàn xài J&J baby power và nhiều products của J&J nữa. Sợ quá.
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Re: Jury orders J&J to pay nearly $4.7 billion in Missouri asbestos cancer case

Post by ga10 on Fri Jul 13, 2018 6:49 am

Wenn wrote:Men
2 đứa con tui toàn xài J&J baby power và nhiều products của J&J nữa. Sợ quá.

Nếu thật là unsafe thì J&J đã pull those products off the shelf từ ngay lúc đầu rồi. Gà chỉ thắc mắc là xài baby powder thì sao 0 bị cancer da mà bị ovarian cancer thôi? Làm sao chứng mình there's a direct correlation chứ 0 phải vì họ đã prone to have that type of cancer?
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Re: Jury orders J&J to pay nearly $4.7 billion in Missouri asbestos cancer case

Post by Duyen on Fri Jul 13, 2018 7:36 am

Chị Gà
Mấy kem dưỡng da hay lotion cũng có chất này chất nọ có thể làm hại gan, phổi, endocrine system, ảnh hưởng đến reproductive toxicity, etc, not necessary directly harmful to the skin. Đồ mình sức lên da thấm vô máu được.

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Re: Jury orders J&J to pay nearly $4.7 billion in Missouri asbestos cancer case

Post by 8DonCo on Fri Jul 13, 2018 7:40 am

bà Gà yên tâm đi, luật sư của JJ cũng không có "hiền" đâu Smile

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Re: Jury orders J&J to pay nearly $4.7 billion in Missouri asbestos cancer case

Post by Duyen on Fri Jul 13, 2018 7:48 am

J&J mất 3 tháng net income từ vụ kiện này.

J reported net income of $4.4 billion, or $1.60 per share, in the first quarter. After stripping out amortization expenses and special items, the company earned $5.6 billion, or $2.06 per share, beating analyst estimates of $2.02 per share.

In the quarter, J&J's revenue increased about 13 percent to $20.01 billion from $17.77 billion a year earlier.

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Re: Jury orders J&J to pay nearly $4.7 billion in Missouri asbestos cancer case

Post by 8DonCo on Fri Jul 13, 2018 7:51 am

Duyen wrote:J&J mất 3 tháng profit từ vụ kiện này.

có 3 tháng thôi thì NO PROBLEM

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Re: Jury orders J&J to pay nearly $4.7 billion in Missouri asbestos cancer case

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