Johnson & Johnson to Pay $700 Million in Talc Settlement

The company resolves allegations of misleading consumers about the safety of its talcum powder products, affecting 42 states and Washington, D.C.

Johnson & Johnson will pay $700 million to settle claims of deceptive marketing of talc-based products.
The settlement involves 42 states and Washington, D.C., with payments distributed over four years.
The company will cease manufacturing and selling talc-based products in the U.S.
Despite the settlement, Johnson & Johnson did not admit to any wrongdoing.
The company still faces tens of thousands of individual lawsuits related to talc products.