Johnson & Johnson Faces Even Greater Scrutiny
Johnson & Johnson Faces Even Greater Scrutiny
Johnson & Johnson has traded on brand currency that relates directly to its close association with safety and reliability for decades. The company built their vast empire on this reputation. However, as it turns out, their ambition may have overshot their commitment to customer safety. As a result, Johnson & Johnson has been hit with recent mass torts.Johnson & Johnson Took a Beating in 2019Johnson & Johnson is a staple in drugstores and medical facilities throughout the nation, but the company has come up against considerable scrutiny in recent years for a host of insufficiencies that focus on inadequate warning labels in response to serious risk factors. Consider the following events:
After an 8 billion dollar jury verdict for the harmful effects of Risperdal (an FDA-approved medication for severe mental illnesses), J&J agreed to begin settling similar claims. The verdict amount was later reduced, but the writing – related to liability – was already on the wall.
J&J has been battered by multiple high-value verdicts for their talcum powders, which are alleged to contain cancer-causing asbestos. The company arguably made a name for itself on such products, and they have been called to task for not proactively identifying and warning consumers of their attendant risks.
J&J and a subsidiary have created a settlement fund related to defective hip implants that has reached the billion-dollar level.
Eyeglasses in perfect focus with man holding them blurred out; image by Nathan Dumlao, via Unsplash.com.
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