Final briefs in Oklahoma opioid lawsuit

Aug. 01, 2019 3:21 AM ETJohnson & Johnson (JNJ)JNJBy: Yoel Minkoff, SA News Editor8 Comments
  • Oklahoma's attorney general has made a final bid to force Johnson & Johnson (NYSE:JNJ) to pay $17B for its part in fueling the opioid epidemic, while J&J countered that its painkillers were a tiny fraction of all opioids prescribed in the state and said its marketing claims had scientific support.
  • The briefs marked the final arguments both sides would make to Judge Thad Balkman, who is expected to rule next month.
  • The Oklahoma case is also being closely watched by plaintiffs in other opioid lawsuits, particularly in 1,900 cases pending before a federal judge in Ohio who has been pushing for a settlement ahead of an October trial.
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