3rd Circuit To Decide Asbestos-Talc Securities Class Certification Dispute

(February 22, 2024, 2:52 PM EST) -- PHILADELPHIA — The Third Circuit U.S. Court of Appeals on Feb. 21 agreed to hear a case challenging class certification of a securities fraud lawsuit after Johnson & Johnson and related parties told the court that certifying a price-drop suit based on media reports of already public information about potential asbestos contamination of talc products could lead to “extortionate litigation.”...