US Supreme Court rejects Johnson & Johnson talc fine appeal ...United Arab Emirates

News by : (Gulf News) -
Washington: The US Supreme Court refused Tuesday to accept drugmaker Johnson & Johnson's appeal of a $2.1 billion (Dh7.7 billion) fine for selling baby powder containing cancer-causing asbestos. The decision kept in place a 2018 jury award against the company after a class action law suit, originally set at $4.7 billion but later slashed on appeal. As is common, the high court did not explain its decision, but left in place a federal appeals court judgment from last year supporting the fine. The company's shares were down 1.8 per cent at $166.16 after the decision. Two conservative judges on the court, Samuel Alito and Brett Kavanaugh, recused themselves from the decision. Alito has owned s

Hence then, the article about us supreme court rejects johnson johnson talc fine appeal was published today ( ) and is available on Gulf News ( United Arab Emirates ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( US Supreme Court rejects Johnson & Johnson talc fine appeal )

Last updated :

Also on site :

Most Viewed News
جديد الاخبار