Tag: Yahoo Finance

How Much Litigation Risk Is Priced Into Johnson & Johnson?

Johnson & Johnson (NYSE: JNJ) just can't seem to shake its talcum powder problems. On Friday, Johnson & Johnson recalled 33,000 bottles of baby powder after a bottle purchased online by the FDA tested positive to asbestos. Last year, a jury awarded a group of 22 women $4.69 billion in a ruling against J&J. The women claimed contaminated baby powder is linked to cases of ovarian cancer....