via cnbc:
So this will probably stir up political commenters from r/politics and lead to a locked thread, but I’m interested in long term J&J holders thoughts.
It seems like J&J rolled the dice by playing hardball and not settling like the other two drug makers named in the suit did. Increasingly, it seems like J&J has taken a more agressive stance on defending class action suit, but in doing so, exposes itself to potentially big awards to plantiffs. From what I’ve gathered, J&J has been pretty successful in reducing or outright eliminating judgements related to cancer related to talc powder.
Views: