Johnson & Johnson Reach $700 Million Talc Settlement

Johnson & Johnson has agreed to pay $700 million in a nationwide settlement resolving allegations that it misled customers about the safety of its talcum-based powder products in its marketing.

“Consumers rely on accurate information when making decisions about which products to purchase for their families,” Illinois Attorney General Kwame Raoul, one of 43 attorneys general involved in the lawsuit, said in a statement Tuesday. “Any company — no matter how large — must be held accountable when laws protecting consumers are broken and their trust is violated.”

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