U.S. judge rejects Johnson & Johnson’s $10 billion baby powder settlement

A U.S. bankruptcy judge rejected Johnson & Johnson’s $10 billion proposal to settle lawsuits alleging its talc products cause ovarian cancer, marking its third failed bankruptcy attempt.

Judge Christopher Lopez ruled that J&J did not belong in bankruptcy and that its settlement lacked sufficient support from plaintiffs while overreaching in shielding non-bankrupt entities. J&J stated it will not appeal but will fight the claims in court.

Opponents argued J&J, a wealthy company, was improperly using bankruptcy to avoid trials, CNBC has reported.

The ruling allows over 60,000 lawsuits to proceed, with plaintiffs seeking their day in court.

read more: https://www.cnbc.com/2025/04/01/us-judge-rejects-johnson-johnsons-10-billion-baby-powder-settlement.html

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