DOJ, SEC issue subpoena to Johnson & Johnson over baby product safety

By Nikita Chaurasia  Date: 2019-02-26

DOJ, SEC issue subpoena to Johnson & Johnson over baby product safety

Johnson & Johnson is presently facing lawsuits involving 13,000 plaintiffs.

Pharmaceutical and consumer products giant Johnson & Johnson has confirmed that it has received subpoenas from the U.S. Department of Justice as well as the Securities and Exchange Commission (SEC), with regard to investigations into alleged asbestos contamination in the products from its well-known Baby Powder line.

Apparently, the company aims to fully cooperate with inquiries from the authorities and would keep defending itself against talc product-related litigation. In its annual report issued recently, the company accepted for the first time that it had received subpoenas from U.S. agencies over safety concerns regarding its talc power products, Reuters has mentioned. 

The DOJ and SEC did not seem to have offered any comments for responding to the news. 

A report released in December said that Johnson & Johnson was aware for decades that asbestos, which is a recognized carcinogen, had been found several times in its talc and powder products in small amounts. The company had allegedly failed to disclose this information, found out from tests conducted from 1970s to early 2000s, to the public and the regulators.

Records show that the information revealed had led to Johnson & Johnson shares losing about $40 billion from the market valuation in a single day. It had also triggered a public relations disaster involving worldwide inquiries about probable health effects of its signature product.

For its part, the company has stated that inquiries from federal agencies are based on news reports which consisted of inaccurate statements, besides withholding vital information that were made public already. Johnson & Johnson has insisted that for decades, independent testing performed by regulators and leading laboratories around the world have proven its baby power is asbestos-free, safe to use and does not cause cancer.

For the record, Johnson & Johnson is facing lawsuits involving 13,000 plaintiffs who claim using the company’s talc products, such as Baby Powder, have caused cancer.

About Author

Nikita Chaurasia     aeresearch.net

Nikita Chaurasia

An accomplished professional in the field of content development, playing with words comes naturally to Nikita Chaurasia. After completing her post-graduate MBA degree in Advertising and PR, Nikita worked across numerous content-driven verticals, undertaking diverse r...

Read More

More News By Nikita Chaurasia

Canada limits 5G around airports over aircraft interference concerns

Canada limits 5G around airports over aircraft interference concerns

By Nikita Chaurasia

Much to the surprise of the telecom industry, the Department of Innovation, Science, and Economic Development (ISED) of Canada has reportedly decided to limit some 5G services that could possibly interfere with radio altimeters, which are crucial com...

U.S. planning to invest billions to expand COVID-19 vaccine production

U.S. planning to invest billions to expand COVID-19 vaccine production

By Nikita Chaurasia

The United States is reportedly planning to make substantial investments to improve its COVID-19 vaccine manufacturing capacity. The country intends to produce at least a billion doses by the second half of 2022. This decision is driven by the huge ...

Peloton sues rival firms iFit and Echelon for patent infringement

Peloton sues rival firms iFit and Echelon for patent infringement

By Nikita Chaurasia

U.S.-based exercise equipment and media company Peloton Interactive Inc. has reportedly filed lawsuits against its rivals Echelon Fitness and iFit, claiming that they violated patents related to its on-demand classes. Peloton stated that Echelon and...

Apple’s digital ID card plan could be funded through states, taxpayers

Apple’s digital ID card plan could be funded through states, taxpayers

By Nikita Chaurasia

Apple is reportedly working on allowing users in participating states to digitally store their state IDs  or driver’s licenses on their iPhone wallet. However, the multibillion-dollar company will partially rely on the respective states &m...

South Korea demonstrates systems for urban air mobility management

South Korea demonstrates systems for urban air mobility management

By Nikita Chaurasia

South Korea has reportedly tested methods for operating urban air mobility (UAM) vehicles, which it aims to use for taxis that will fly between downtown Seoul and major airports as early as 2025. In 2020, South Korea had announced its plan to launch...