Who is shilling? The data suggesting asbestos in talc is a real health hazard is tenuous at best.
A bunch of class action lawyers just made $30B dollars. So we know they’re happy either way.
I thought HN followed tge sxience?
A bunch of class action lawyers just made $30B dollars. So we know they’re happy either way.
I thought HN followed tge sxience?
> Johnson & Johnson executives knew for decades about the risk of asbestos exposure linked to its talc products, including the famous baby powder it began selling 129 years ago. After years of pushing back on researchers and scientists, the company began facing a flood of lawsuits in recent years, along with government investigations and lawmaker inquiries.
If you really believe that preposterous claim, put "asbestos" on the package and see how many people buy it. You sails will fall off a cliff. All your other products will be treated like they are radioactive too.
You want free market? That's free market for you. If you lie about the product, you are defrauding the customer.
But somehow fraud only ever sends the little people to jail.
Where is this number coming from? The listed settlement amount is an order of magnitude less than this, and lawyers typically get some percentage (15-30?), which has to be approved by the court. I'm not saying they didn't make a lot of money here (and for full disclosure, I used to be a lawyer), but I'm not seeing how they raked in tens of billions.