News of the day...

Out of context: Reply #3739

  • Started
  • Last post
  • 4,822 Responses
  • PonyBoy5

    Judge rules against Johnson & Johnson in landmark opioid case in Oklahoma

    https://www.cnbc.com/2019/08/26/…

    Half a Billion dollar fine... BUT... "The fine was significantly less than the penalties sought by Oklahoma, sending J&J’s stock up by more than 5% in post-market trading after the verdict was read."

    • Stocks are up...shareholders rejoice...Greed is Good!utopian
    • 1/2 billion is pocket change for themKrassy
    • It’s just the beginning.monospaced
    • Original financial settlement was pegged to be around $17B. Still pocket change though, but sets enormous precedent.noRGB
    • Was anyone jailed for this? Bunch of wanks must be laughing at all the junkies they've made.PhanLo
    • Take notes el chapo et al, this is the way you run a drug cartel._niko
    • "For the fiscal year 2017, Johnson & Johnson reported earnings of US$15.3 billion, with an annual revenue of US$81.6 billion, an increase of 6.7%"...ideaist
    • ~ https://en.wikipedia…ideaist
    • Hopefully
      monospaced is correct and these corporate juggernauts start to feel the financial pain(s) of the common man/woman/child.
      ideaist
    • couldn't find info on what opioid drug(s) they deal in_niko
    • ^ J&J only accounted for 1% of opioid sales in OklahomaGnash
    • They make Duragesic and NucyntaGnash

View thread