Johnson & Johnson faced some 38,000 lawsuits claiming trace amounts of asbestos contamination in its baby powder caused cancer — that is, until the company found a way to stop the legal process dead in its tracks.
It involved a complex legal maneuver called the Texas two-step.
A drug company used its monopoly power to raise the price up EpiPens from $100 to $608.
Since then it has made $71 billion in revenue.
Its punishment? A settlement of $264 million, or 0.4% of the money it made since the price increase.
https://t.co/EiRZNZmYW9
Merry Christmas! We got you a new telescope.
The James Webb Space Telescope launched today, beginning a one-million-mile journey to see 13.5 billion years into the past. Follow @NASAWebb and join the quest to #UnfoldTheUniverse: https://t.co/TlYpoUHdJu
I nearly died 4 years ago for this very reason. My urine was black, I lost mobility in my lower body, my muscle tissue was rapidly deteriorating, and my kidneys were failing...but 6 doctors said my creatinine levels were “normal” for my demographic. medical racism is murder.
Yeah bro my neighbors cousins moms mailman said they heard the whole country is gonna get shut down Monday, and he’s a mailman so like he knows cuz he works for the state technically