Johnson & Johnson and a talc-mining company were ordered by jurors to pay $80 million in punitive damages for hiding that their products, including J&J’s iconic baby powder, had been tainted by asbestos and posed a cancer risk.
The New Jersey jury’s award brings to a total of $117 million that J&J and a unit of Imerys SA must pay investment banker Stephen Lanzo III over his claims the companies’ asbestos-laced talc products caused his cancer in what may be a precedent-setting case for U.S. talc litigation.
Lanzo wasn’t in the courtroom when the punitive award was announced April 11. ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.