Supreme Court Rules Johnson & Johnson Must Pay $2.1 Billion in Baby Powder Lawsuit

Supreme Court Rules Johnson & Johnson Must Pay $2.1 Billion in Baby Powder Lawsuit

Source: 
Motley Fool
snippet: 

The Supreme Court has effectively upheld a ruling that Johnson & Johnson (NYSE:JNJ) must pay a significant award to a group of women in a high-profile lawsuit. The court chose not to consider the company's objections to the ruling, leaving Johnson & Johnson obligated to pay $2.1 billion.