J&J Shareholders Allow Continued Sale of Talc Baby Powder Outside U.S., Despite Cancer Concerns
Johnson & Johnson shareholders rejected a proposal the company halt talc baby powder sales put forward by activist investors.
Johnson & Johnson shareholders rejected a proposal the company halt talc baby powder sales put forward by activist investors.
The EPA expects the asbestos ban to result in manufacturers using increased amounts of polytetrafluoroethylene, a type of PFAS chemical which could be toxic and increase cancer risks.
Lawsuit claims Johnson & Johnson lied about test results showing the presence of asbestos in talcum powder in a case originally brought in the 1980s.
The rule would ban the use and import of chrysotile asbestos into the United States, which continues to be used in certain products and industries
Johnson & Johnson joins other "bankruptcy grifters, such as the U.S. Olympic and Paralympic Committee, Honda and Walmart in what is a growing trend of bankruptcy abuse by solvent companies, according to the findings.
The company funded unethical experiments on African American prisoners in an effort to investigate possible links between asbestos and talcum powder as far back as 1971.
Judge claims bankruptcy proceedings are appropriate to resolve tens of thousands of talcum powder lawsuits currently pending against Johnson & Johnson subsidiary
Despite the mining company's bankruptcy, the court found the mill's insurance company liable for failing to warn workers of known asbestos dangers.
Durbin said the Johnson & Johnson talcum powder bankruptcy plan should be rejected by the courts.
The proposal would force Johnson & Johnson to hold a shareholder vote on whether it should continue talcum powder sales worldwide.