October 25, 2013
Investors objected Thursday to an attorneys' fees request that would give two firms — Carella Byrne Cecchi Olstein Brody & Agnello PC and Kessler Topaz Meltzer & Check LLP — 20 percent of a $23 million settlement with Johnson & Johnson, calling the payout "neither modest nor reasonable."
July 16, 2013
Johnson & Johnson will pay $23 million to settle a shareholder class action alleging that the company failed to disclose manufacturing violations leading to the biggest recall of over-the-counter children's medicine in U.S. history, according to a Monday filing in New Jersey federal court.
May 22, 2012
A New Jersey federal judge on Tuesday refused the request of Johnson & Johnson shareholders to reconsider her December decision that CEO William Weldon could not be held liable for several costly drug recalls as part of a securities suit.
January 04, 2012
A putative class of Johnson & Johnson shareholders on Tuesday lambasted a New Jersey federal judge's interpretation of a key provision of securities law as they sought to hold the company's CEO liable for several costly recalls of Tylenol and other medications.
December 19, 2011
A New Jersey federal judge on Monday pared a putative shareholder class action accusing Johnson & Johnson of failing to disclose manufacturing violations that led to several recalls of popular children's medications and caused the health care company's stock to tank.