Overview
- Texas also requested a temporary order barring Kenvue and Johnson & Johnson from advertising that Tylenol is safe for pregnant women and young children in the state.
- The attorney general argues the Nov. 26 payout of roughly $398–$400 million would be a fraudulent transfer given potential multibillion-dollar liabilities, including talc cases.
- Kenvue rejects the allegations as lacking legal merit and scientific support and says it is taking immediate legal action to defend its products and science.
- The lawsuit was filed in Panola County and assigned to Judge LeAnn Rafferty, with outside counsel Ashley Keller representing the state.
- The moves have pressured Kenvue’s stock and added uncertainty to Kimberly-Clark’s planned takeover, and the court has not issued a decision.