This blog discusses the class action settlement formed between the companies Costco and Johnson & Johnson with the different cases filed against them that they made and sold cancer-causing sunscreen products. Editor’s Note on Johnson & Johnson And Costco Aveeno/Neutrogena Sunscreen MDL Settlement: It also promised to refund purchasers’ payments for the alleged benzene sunscreen items.Īs of press time, there is no additional information yet that consumers can read about the Johnson & Johnson And Costco Aveeno/Neutrogena Sunscreen MDL Settlement.ĭetails such as possible settlement amount, who will be included in the settlement proceedings, and the like will be posted here on Consider The Consumer as soon as they are announced to the public. Johnson & Johnson ended up recalling a batch of the above-mentioned sunscreen lines from Costco store shelves. In Re: Johnson & Johnson Aerosol Sunscreen Marketing, Sales Practices and Products Liability Litigationīenzene, regarded by scientific experts, is said to cause many forms of cancers. In the legal documents, it is argued that the pair did not properly inform their buyers of the possible dangers of the presence of benzene in a number of Aveeno and Neutrogena sunscreen products being sold by the former and made by the latter. The Johnson & Johnson And Costco Aveeno/Neutrogena Sunscreen Settlement is a multidistrict litigation or MDL legal case consisting of a number of separate yet very similar class actions thrown against Costco and Johnson & Johnson. The two companies have reported to a Florida court that a draft of a settlement deal is currently in the works and is expected to be submitted to officials in a couple of days. All rights reserved.Class Action Settlements Johnson & Johnson And Costco Aveeno/Neutrogena Sunscreen MDL Settlement – Carcinogenic Benzene In Skin Products…īy Consider The Consumer on Initial Settlement Deal In Costco And Johnson & Johnson Sunscreen Class Action Lawsuit Cases AnnouncedĪn initial settlement agreement has been forged between retailer Costco, Johnson & Johnson, and the plaintiffs that launched a class action against them for allegedly making, selling, and distributing Aveeno and Neutrogena sunscreen products that have benzene in them.Ĭlick to access In-Re-Johnson-Johnson-Aerosol-Sunscreen-Marketing-Sales-Practices-and-Products-Liability-Litigation.pdf Benzene-Tainted Sunscreen Legal Challenge Benzinga does not provide investment advice. Price Action: JNJ stock closed at $163.02, and COST shares closed at $491.87 on Monday.Ĭlick here for options trades from BenzingaĬalifornia Judge Rules For Drugmakers In Major Opioid LitigationįDA Restricts Sale, Approves New Labeling Of Breast Implants The settlement would resolve all of the claims in the consolidated litigation, according to the filing. Įarlier this month, a federal judicial panel consolidated lawsuits filed nationwide against J&J and Costco, which sold the products, in the Florida court. Related Link: CVS Health Takes Two Suncare Products Off The Shelf After Neutrogena Sunscreen Recall. The FDA said that it was investigating how benzene had ended up in the sunscreens following the recall. JNJ voluntarily recalled four Neutrogena aerosol sunscreen products and one from Aveeno in July after finding small amounts of benzene. JNJ said that the settlement is not an admission of liability or wrongdoing. The Companies expect to submit the settlement for court approval by November 19. Lawyers for the companies and plaintiffs suing over the Neutrogena and Aveeno-branded aerosol sunscreen products disclosed the settlement in the Fort Lauderdale, Florida federal court without revealing its terms. Johnson & Johnson (NYSE: JNJ) and Costco Wholesale Corporation (NASDAQ: COST) have reached a tentative agreement to settle lawsuits over the presence of a cancer-causing substance in recalled JNJ sunscreen products, Reuters reported.
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