Talcum Powder
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On April 1, 2025, a U.S. Bankruptcy Judge rejected J&J’s $9 billion bankruptcy plan aimed at settling over 60,000 talc lawsuits due to flaws in the voting process. J&J will return to civil court for litigation, asserting its products are safe. Meanwhile, over 58,000 lawsuits remain pending, impacting J&J’s stock negatively.