JNJ · News · 20260918N
Product Liability Lawsuit
JOHNSON & JOHNSON · 2026-09-18 · Importance 31 · Surprise 42
A Philadelphia jury found Kenvue, formerly Johnson & Johnson Consumer Inc., not liable in lawsuits alleging that its aerosol sunscreen caused cancer deaths. The lawsuits were brought by the estates of two women who died from cancer. The verdict reduces litigation exposure for the former J&J consumer business, although the digest provides no monetary award or settlement amount.
Key facts
- Nykredit A S bought 928,551 shares of Johnson and Johnson in the second quarter, valued at approximately $235,824,000. source
- Johnson & Johnson's stock was up 18% in three months. source
- Smith Chas P and Associates PA Cpas decreased its stake in shares of Johnson and Johnson by 2.6% during the second quarter, owning 245,396 shares after selling 6,543 shares during the quarter. source
- Johnson and Johnson accounts for 0.7% of Nykredit A's holdings. source