Johnson & Johnson Cites Over 100,000 Pending Lawsuits

Johnson & Johnson is facing numerous lawsuits related to its products, including opioids, talcum powder, hip implants, and blood thinners. The company has over 100,000 pending cases, with significant financial implications. A recent ruling in Oklahoma requires the company to pay $572 million for its role in the opioid crisis. Forbes estimates the cost of settling 50,000 cases at $6.2 billion, while the company has $14.4 billion in cash. Johnson & Johnson plans to appeal the Oklahoma ruling.

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