J&J to Face Investor Class in Talc Safety Misrepresentation Suit

Johnson & Johnson will face a class of investors who acquired stock in the company during a nearly six-year period of alleged misrepresentations about the safety of its talc products, as well as other misleading statements regarding research commitments, a federal judge said in an order certifying the class.

The class comprised of investors who acquired J&J stock between February 2013 and December 2018, was approved last week in US District Court for the District of New Jersey. Lead plaintiff San Diego County Employees Retirement System will serve as class representative and Robbins Geller Rudman & Dowd LLP was appointed ...