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Why Johnson & Johnson May Not Have to Pay Its $4.7 Billion Court Verdict
Why Johnson & Johnson May Not Have to Pay Its $4.7 Billion Court Verdict

A St. Louis jury awarded $4.7 billion to 22 women who claimed asbestos in Johnson & Johnson's powder caused their ovarian cancer. While the award was the sixth-largest ever in a product-defect case -- J&J may pay far less, or nothing.

No verdict of that size has survived appeal. Indeed, of the 25 largest U.S. jury awards, 23 were reversed or drastically cut .

Read the source article at BNN Bloomberg

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