J&J liable for $572 million in Oklahoma opioid epidemic trial, but shares surge
Share:
NORMAN, Okla. (Reuters) - An Oklahoma judge on Monday found Johnson & Johnson liable for fueling an opioid epidemic in the state by deceptively marketing addictive painkillers, and ordered the drugmaker to pay $572.1 million (466 million pounds).The award was well below what some investors and analysts feared, in what had been a $17 billion lawsuit viewed as a bellwether for other litigation nationwide over the opioid epidemic."The expectation was this was going to be a $1.5 billion to $2..