July 29, 2011
A New Jersey federal judge on Friday merged a pair of shareholder suits claiming Johnson & Johnson and its board should be held liable for allegedly failing to prevent and respond to corruption and foreign bribery scandals among its subsidiaries.
May 03, 2011
Johnson & Johnson shareholders filed a derivative suit Monday in New Jersey claiming the board of directors should be held liable for the $78 million the company paid to settle civil and criminal suits over Foreign Corrupt Practices Act violations and kickbacks for contracts in Iraq.