Judge Cuts $8 Billion Judgment Against J&J to $6.8 Million --Bloomberg

Date : 01/17/2020 @ 7:25PM
Source : Dow Jones News
Stock : Johnson and Johnson (JNJ)
Quote : 150.13  0.04 (0.03%) @ 12:59AM
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Judge Cuts $8 Billion Judgment Against J&J to $6.8 Million --Bloomberg

Johnson and Johnson (NYSE:JNJ)
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--A Pennsylvania judge on Friday cut an $8 billion punitive-damage award against Johnson & Johnson (JNJ) to $6.8 million, Bloomberg reports.

--The damages award came from a case against the drugmaker in which the plaintiff alleged the anti-psychotic drug Risperdal caused his breasts to grow, the report said.

 

Full story: https://news.bloomberglaw.com/health-law-and-business/j-j-gets-8-billion-risperdal-damages-slashed

 

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

January 17, 2020 14:10 ET (19:10 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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