Federal Judge Says Johnson & Johnson Shareholders Can Pursue a Class-Action Lawsuit ...Middle East

FILE PHOTO: Bottles of Johnson & Johnson baby powder line a drugstore shelf in New York October 15, 2015. REUTERS/Lucas Jackson/File Photo A federal judge said Johnson & Johnson shareholders, including lead plaintiff the San Diego County Employees Retirement Association, may pursue as a class action their lawsuit accusing the company of fraudulently concealing how its talc products were contaminated by cancer-causing asbestos. U.S. District Judge Zahid Quraishi in Trenton, New Jersey, on Friday allowed shareholders from Feb. 22, 2013, to Dec. 13, 2018, to pursue their securities fraud claims as a group. He rejected J&J’s argument that any class period be at least a year shorter be

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