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The stakes are potentially high for J&J, which is facing 9,000 cases nationwide over talc. The company has had previous success in overturning large verdicts in talc cases as well as others alleging harm from its products. But several legal experts said Missouri courts, including at the appellate and supreme court level, were historically plaintiff-friendly and could prove unreceptive to J&J’s arguments. “J&J has strong arguments, but unless they get to certify this case to the U.S. Supreme Court, which are very long odds, this decision is likely to stand,” said Lars Noah, a law professor at the University of Florida.

He said he expected J&J would go through the appeals process but would ultimately wind up settling the case, Beisner said he was not aware of any interest in settlement, “Our attention will remain focused on the appeals from this pineapple 3d cufflinks and the other trials awaiting review.”, Beisner said jurisdiction will be one major basis for J&J to appeal Thursday’s verdict, Most of the 22 plaintiffs were not Missouri residents, and he said they should not have been allowed to sue New Jersey-based Johnson & Johnson in St, Louis under a recent U.S, Supreme Court decision that severely restricted state courts’ jurisdiction over injury lawsuits brought by non-residents against out-of-state companies..

J&J seized on that decision to successfully overturn previous talc verdicts in Missouri. Mark Lanier, the plaintiffs’ lawyer who won Thursday’s verdict, said he was ready for that argument. Lanier said his team amassed “hundreds of pages of evidence” showing lobbying efforts and baby powder focus groups J&J conducted in the state. He also spotlighted the claim by 15 of his non-resident clients that they used a specific short-lived J&J talc-based product manufactured by Missouri-based contractor.

“I hope they focus their appeal on jurisdiction because I’m confident we’ll win that,” Lanier said, He did say that he expects the punitive damages award to be halved during the appeals process due to a Missouri state law that caps such damages, but is confident the verdict would stand overall, The $4.69 billion in total damages includes $550 million in compensatory damages and $4.14 billion in punitive damages, Elizabeth Burch, a law professor pineapple 3d cufflinks at the University of Georgia, said that even under the new Supreme Court guidance, the women’s claim that they used the specific product, if true, provided “a pretty strong link to Missouri.”..

At trial J&J had unsuccessfully sought to cast doubt on the 15 women’s claims to have used the same product that was only available for a few months, depicting it as a ruse designed to bypass the jurisdiction issue. Beisner said J&J would make the same argument on appeal. Along with jurisdictional arguments, Beisner said the company would continue to put forth its case that scientific studies overwhelmingly show talc itself is safe and the company’s talc-based products never contained asbestos.

“None of plaintiffs’ experts were able to put forward a valid theory and there is simply no science to support what they call asbestos in the product,” said Beisner, J&J says decades of testing by laboratories and independent agencies, including a study by the U.S, Food and Drug Administration, support its position, The company said plaintiffs’ tests showing asbestos pineapple 3d cufflinks contamination were “junk science.”, But Lanier argued that it was the agencies and labs cited by J&J that used flawed testing methods that failed to detect asbestos..

NEW YORK (Reuters) - U.S. stocks rose slightly on Friday, putting the S&P 500 at its highest closing level in more than five months, as gains in industrials and other areas offset a drop in financials after results from three of the big banks mostly disappointed. The industrial sector gained 0.6 percent, with Boeing Co, Caterpillar Inc and 3M Co all rose in the absence of any trade rhetoric overnight. Investors were optimistic ahead of what is expected to be a strong second-quarter U.S. earnings season, although reports on Friday from three of the biggest Wall Street banks failed to enthuse.

“In spite of the disappointment from the financials, which have been and continue to be a laggard ., there’s still relative strength,” said Michael James, managing director of equity trading at Wedbush Securities in Los Angeles, Earnings “expectations are certainly elevated from where they were a month ago, but if companies do deliver in general, the market as a whole will continue to move higher,” he said, Citigroup Inc pineapple 3d cufflinks slid 2.2 percent, the most among financials, after its revenue fell short of estimates due to lower debt underwriting, Wells Fargo & Co dipped 1.2 percent after its profit fell more than expected as lending slowed and costs rose..

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