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4-Traders Homepage  >  Equities  >  Nyse  >  Johnson & Johnson    JNJ

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Johnson & Johnson : J&J in $4 Billion Settlement Talks

11/12/2013 | 05:16pm US/Eastern

Johnson & Johnson (JNJ) has agreed to pay $4 billion to settle more than 7,500 lawsuits over the company's recalled hip-implant products, Bloomberg News reported Tuesday, citing three people familiar with the agreement.

The settlement will be announced next week, Bloomberg reported.

Full story at: www.bloomberg.com/news/2013-11-12/j-j-said-to-reach-4-billion-deal-to-settle-hip- awsuits.html

Write to nymonitoring@dowjones.com

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