Johnson & Johnson to Pay $700 Million Settlement Over Talc Powder

The company will pay in four annual instalments beginning July 30.
Johnson & Johnson to Pay $700 Million Settlement Over Talc Powder
Bottles of Johnson & Johnson baby powder line a drugstore shelf in New York Oct. 15, 2015. Lucas Jackson/Reuters
Caden Pearson
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The District of Columbia has reached a final consent judgment with Johnson & Johnson, resolving allegations it misled consumers about the safety of some talcum powder products in a significant legal settlement.

Under the the consent judgment, the company will pay $700 million to 47 states involved in a multistate working group without admitting wrongdoing or liability. Both parties agreed to the judgment to avoid the expense and uncertainty of litigation.