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Nachawati Law Group Files New Ovarian Cancer Lawsuits Against Johnson & Johnson After Latest Bankruptcy Ploy Fails

1. Johnson & Johnson faces renewed lawsuits over talc products after bankruptcy maneuvers fail. 2. Over 50,000 women allege cancer from long-term use of JNJ's Baby Powder. 3. Litigation restart could lead to significant financial liabilities for JNJ. 4. A bankruptcy judge dismissed JNJ's attempt to shield against these lawsuits. 5. Trial lawyers express eagerness to pursue claims against JNJ's practices.

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Why Very Bearish?

The renewed litigation poses significant financial and reputational risks for JNJ. Past cases of litigation have negatively impacted stock prices, like in 2018 when JNJ's shares dropped significantly following high-profile court rulings against them.

How important is it?

The article details a significant legal challenge JNJ is facing, potentially affecting its market position. Given the scale and ongoing nature of the litigation, its effects on investor confidence and share price are highly likely.

Why Long Term?

The ongoing legal battles could take years to resolve, impacting JNJ's operations and financial health. Historical cases like those from the opioids crisis show that prolonged litigation often results in long-term financial stress.

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DALLAS--(BUSINESS WIRE)-- Following a third failed bankruptcy maneuver by Johnson & Johnson (NYSE: JNJ), trial lawyers with Dallas-based Nachawati Law Group have filed three new lawsuits on behalf of women who developed cancer after prolonged use of the company’s talc-based products.

The filings come as courts across the country prepare to restart proceedings in one of the largest mass torts in U.S. history after a federal bankruptcy judge dismissed J&J’s third attempt to shield itself from litigation through a controversial bankruptcy ploy. More than 50,000 women allege they developed ovarian cancer or other gynecological cancers from long-term use of Johnson’s Baby Powder and other products.

“Our recent talc ovarian cancer filings in DC and Florida are direct messages to Johnson & Johnson and the sellers of talc-based products, of our willingness and eagerness to resume the fight on behalf of our clients against the corporate malfeasances that have harmed our clients and resulted in their tragic cancer diagnoses,” said trial lawyer Charlie Stern. “After waiting many years to resume this fight as the sham J&J bankruptcies worked their way through the courts and were eventually all dismissed, we anticipate filing more cases like these in states around the country to hold these bad actors accountable for their decades worth of nefarious activities.”

J&J’s proposed settlement, which was part of its third attempt to use the so-called “Texas Two-Step” legal maneuver, was rejected by U.S. Bankruptcy Judge Christopher Lopez, who cited problems with the claimants’ voting process and found the plan improperly sought to extend legal protections to non-debtor entities, shielding them from future liability without the consent of all affected plaintiffs.

“For far too long, Johnson & Johnson has used the bankruptcy system as a tool to delay and deny justice,” said firm founder Majed Nachawati. “The courthouse doors are open again, and we are walking through them. Our clients have a constitutional right to be heard, and we intend to make sure that happens.”

Nachawati Law Group represents thousands of women nationwide who developed ovarian cancer after using Johnson’s Baby Powder and other talc-based products that internal company documents have shown may be contaminated with asbestos. The firm has consistently fought for accountability, both in court and in good-faith discussions to resolve claims.

About Nachawati Law Group

Nachawati Law Group represents individuals in mass tort litigation, businesses and governmental entities in contingent litigation and individual victims in complex personal injury litigation. For more information, visit https://ntrial.com

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