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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Johnson and Johnson | NYSE:JNJ | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-3.81 | -2.48% | 149.69 | 152.92 | 149.375 | 152.92 | 7,999,547 | 00:57:55 |
--A jury in New Jersey ordered Johnson & Johnson (JNJ) to pay $750 million in punitive damages to a group of people who said they used the company's baby powder and later got cancer, Reuters reported Thursday.
--A spokeswoman for Johnson & Johnson couldn't immediately comment on the verdict, the report said.
--Following the verdict, a judge indicated the award may be reduced to $186.5 million in accordance with state law, the report said.
Full story: https://www.bloomberg.com/news/articles/2020-02-06/j-j-ordered-to-pay-750-million-in-punitive-damages-over-talc?srnd=markets-vp
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
February 06, 2020 15:54 ET (20:54 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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