Posted December 21, 2018
Johnson & Johnson knew for decades that asbestos lurked in its Baby Powder, according to internal documents reviewed by Reuters. The company, which has pending lawsuits that claim its talc powder has toxic ingredients that may cause cancer and mesothelioma, possessed documents showing concern over positive test results for asbestos in its baby powder. The documents also show J&J leadership intentionally hid their knowledge of asbestos from the public, and the recent news is contributing to one of the largest negative declines to J&J stock in history. Read more.