J&J Talc Claimants Seek to Write Their Own Compensation Plan

Cancer victims who blame Johnson & Johnson’s baby powder for their illnesses asked a federal judge to let them develop a compensation plan that would compete with any proposal the healthcare giant puts forward.

• The bankrupt unit that J&J created to resolve the baby powder claims should lose exclusive control over the court-supervised compensation process, a committee of victims said in a filing Friday night
• Currently J&J’s unit, LTL Management, is the only entity that can propose a plan to end more than 38,000 lawsuits that claim tainted talc in baby powder made them sick
• The company is using ...