Baby Powder, Bankruptcy and the Texas Two-Step
Apr 11, 2023•21 min•Transcript available on Metacast Episode description
For decades, Johnson & Johnson has faced thousands of lawsuits from customers who claim the company's baby powder gave them cancer. The company denies responsibility. WSJ's Andrew Scurria explains how Johnson & Johnson is resorting to a controversial legal maneuver to try to settle the lawsuits.
Further Reading:
-Johnson & Johnson Seeks $9 Billion Settlement of Talc Lawsuits
-J&J Sharpens the Texas Two-Step
Further listening:
-Two Days of Reckoning for Opioid Makers
-A Pause on the Johnson & Johnson Vaccine
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