Investing.com – component Johnson & Johnson (NYSE:) was ordered Friday to pay $750 million in a civil case charging its Johnson’s Baby Powder contained asbestos.
- A jury in New Jersey ordered J&J to pay the punitive damages to four cancer patients.
- The jury agreed J&J acted “maliciously or in wonton disregard” of safety risks, the plaintiffs’ lawyers said in a press release.
- Shares of Johnson & Johnson (NYSE:) fell 1% in afternoon trading.
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