Asbestos Securities Plaintiff Refutes Need To Revisit J&J Third-Party Subpoenas

Mealey's (July 6, 2023, 9:51 AM EDT) -- TRENTON, N.J. — A court need not reconsider a ruling quashing third-party subpoenas because even if Johnson & Johnson (J&J) obtained all the evidence it seeks with the subpoenas, the information discovered would not refute the statistically significant drop in stock price that happened in the wake of media reports that the company knew for decades about asbestos contamination of its talc, a plaintiff for a putative securities class told a federal judge in New Jersey in a response brief....