Major cosmetics supplier files for bankruptcy as CEO slams hundreds of ‘meritless’ lawsuits over ‘key ingredient’ ...Middle East

The U.S. Sun - News
Major cosmetics supplier files for bankruptcy as CEO slams hundreds of ‘meritless’ lawsuits over ‘key ingredient’
A FORMER supplier to the cosmetics industry has filed for bankruptcy following hundreds of lawsuits over a key ingredient. The company declared Chapter 11 despite the chief executive officer claiming the lawsuits are “meritless.” GettyBarretts Minerals Inc, supplier of talc, has filed for bankruptcy[/caption] Barrett Minerals Inc.(BMI), which once supplied talc to the cosmetics industry, has filed for bankruptcy. The company was owned by Pfizer until it was sold off in 1992. Although it no longer sells talc for use in cosmetic products, it is facing roughly 550 personal injury lawsuits relating to the ingredient, according to the Wall Street Journal. That number has increas

Hence then, the article about major cosmetics supplier files for bankruptcy as ceo slams hundreds of meritless lawsuits over key ingredient was published today ( ) and is available on The U.S. Sun ( Middle East ) 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 ( Major cosmetics supplier files for bankruptcy as CEO slams hundreds of ‘meritless’ lawsuits over ‘key ingredient’ )

Apple Storegoogle play

Last updated :

Also on site :



Latest News