On or around 07/02/2020 (Date of last review)
Filing Date: February 08, 2018
According to the law firm press release, the Complaint alleges that throughout the Class Period Defendants made false or misleading statements, and failed to disclose that J&J has known for decades that its talc products include asbestos fibers and that the exposure to those fibers can cause ovarian cancer and mesothelioma. J&J’s denials that talc could cause cancer and mesothelioma were materially false and misleading, and the company concealed contingent liabilities and loss of future revenues from the product. As a result of the company’s actions, the lawsuit claims, investors suffered damages when the true details entered the market.
On November 26, 2018, the Court issued an Order appointing Lead Plaintiff and Counsel. Lead Plaintiff filed an amended Complaint on February 28, 2019. Defendants filed a Motion to Dismiss the amended Complaint on May 3. On December 27, the Court issued an Order granting in part and denying in part Defendants' Motion to Dismiss.
Lead Plaintiff filed a Motion for Class Certification on July 1, 2020.
Company & Securities Information
Defendant: Johnson & Johnson
Industry: Major Drugs
Headquarters: United States
Ticker Symbol: JNJ
Company Market: New York SE
Market Status: Public (Listed)
About the Company & Securities Data
"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.
In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
First Identified Complaint
Frank Hall, et al. v. Johnson & Johnson, et al.
COURT: D. New Jersey
DOCKET #: 18-CV-01833
JUDGE: Hon. Freda L. Wolfson
DATE FILED: 02/08/2018
CLASS PERIOD START: 02/22/2013
CLASS PERIOD END: 02/07/2018
PLAINTIFF FIRMS NAMED IN COMPLAINT:
Ben Crump Law PLLC
The Rosen Law Firm (South Orange)
First Identified Complaint (FIC) Filings:
Class Action Complaint for Violation of the Federal Securities Laws
U.S. District Court Civil Docket
San Diego County Employees Retirement Association, et al. v. Johnson & Johnson, et al.