As J&J grapples with the mounting legal challenges, the company finds itself confronted with over 34,000 reported cases that have the potential to impose substantial financial burdens, amounting to billions in legal expenses. In an early 2021 filing with the Securities and Exchange Commission, J&J projected litigation costs at $3.9 billion, primarily attributed to talc-related reserves and specific settlements.
The number of talc-related lawsuits filed against J&J has risen significantly, with a recent report indicating a surge from just over 20,000 cases last year to a staggering 34,600.
In a significant legal development, J&J faced a setback in June as the U.S. Supreme Court declined to review their appeal seeking to overturn a verdict that mandated a payment of $2.1 billion in damages. This high-profile case, originating in Missouri, involved 20 women or families of women who had been diagnosed with ovarian cancer. The court’s decision not only reaffirmed the substantial financial responsibility imposed on J&J but also underscored the gravity of the link between talc use and ovarian cancer, a pivotal concern in numerous lawsuits filed against the company.
If you or a loved one is or was a user of any brand or brand of talcum powder and have been diagnosed with ovarian cancer, please contact us. You can reach our legal team by submitting an online form.
