Lead Plaintiffs’ Firms Oppose Johnson & Johnson Proposed Talc Powder Deal | Law.com

The plaintiff attorneys leading the multidistrict talc powder litigation against Johnson & Johnson are showing stiff resistance to a proposed settlement that was presented to a New Jersey bankruptcy court Tuesday.

Andy Birchfield of the Beasley Allen Law Firm described as “shocking” the assertion made by J&J that 60,000 current claimants were in support of the global resolution, which would put $8.9 billion into a “Talc Trust” that would pay out up to $12.08 billion to qualified claimants over 25 years.

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