Deadline to Vote is 5pm ET on July 26, 2024

The voting deadline is rapidly approaching in the proposed Johnson & Johnson (“J&J”) talcum powder settlement! The Ad Hoc Group of Counsel representing more than 77,500 individuals harmed by J&J baby powder products urges claimants to take immediate action and vote FOR the historic talcum powder settlement before the deadline of 5pm ET on July 26, 2024.

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(Graphic: Business Wire)

The Ad Hoc Group of Counsel issued the following statement:

If you or someone you know has been impacted by talcum powder use and its potential health effects, now is the time to take action. Your vote is important. A proposed $8 billion settlement plan – with a net present value of $6.475 billion – is at stake, and your vote matters.

It’s time to end years of frustrating litigation with Johnson & Johnson (J&J) and deliver recoveries to victims. The law firms opposing the settlement have had ample time to reach a consensus in the Multidistrict Litigation (MDL), but they never succeeded.

The deadline to vote on the plan that provides for a historic $8 billion settlement over the life of the trust, with a $6.475 billion net present value, is 5pm ET on July 26, 2024.

We urge you to vote FOR the plan as soon as possible and need your immediate action. Your vote will make a difference in ensuring that a fair and equitable compensation plan is approved.

Key Financial Terms

Record Settlement: J&J and a subsidiary have agreed to pay approximately $8 billion over 25 years ($6.475 billion net present value) to people who claim talcum powder products made them sick.

What Is the Plan?

Under the Plan, a trust will be established to pay the settlement amounts to current and future talc claimants. If the Plan is approved, you will receive your recovery from the trust and will no longer need to be involved in litigation against the companies or other parties for any talc claims. Mesothelioma, lung cancer, and Canadian claims are not part of the Plan.

What Is at Stake?

The Plan provides a way for cancer claimants to receive compensation without the time and expense of going to trial. J&J has won approximately 95% of ovarian cancer cases tried to date, including every ovarian cancer case tried over the last six years. Without the settlement through the bankruptcy plan, it will take decades for claimants to litigate their cases, with no recovery unless they win.

Who Can Vote?

If you believe you are sick from using J&J products containing talc (such as J&J Baby Powder and Shower to Shower), you may be eligible to vote on the bankruptcy plan that governs how claims will be paid.

Visit www.OfficialTalcClaims.com or call 1-888-431-4056 to learn more and request a solicitation package to determine whether you can vote on the Plan.

Why Vote?

Avoid lengthy litigation: The proposed plan provides a way for cancer claimants to receive compensation without going to trial. J&J has won approximately 95% of ovarian cancer cases tried to date, and without this plan, litigating remaining cases could take decades with no guarantee of being paid anything.

75% of the claimants voting on the plan must vote to support it for it to move ahead. We are counting on your support to make this historic settlement a reality.

If you already voted against the plan, it is not too late to change your vote and support the plan. You can vote again up until the deadline and your new vote will override your prior vote. Your voting decision is completely confidential.

Deadline: You must cast your vote by 5pm ET on July 26, 2024.

You can vote here: OfficialTalcClaims.com

How to Vote:

• If You Haven’t Filed a Claim: Visit OfficialTalcClaims.com or call 1-888-431-4056 to request a solicitation package and determine your eligibility to vote.

• If You’ve Already Filed a Talc Claim: You or your attorney will receive a solicitation package with voting instructions.

• If You’ve Already Voted: Only your latest vote counts, so if you already voted but want to change your vote FOR the plan, your new vote will override your prior vote.

The counsel who negotiated and support the settlement proudly supports the fair and timely resolution of this matter. This proposed negotiated settlement will be the quickest and fairest path to compensation for tens of thousands of people harmed by their usage of J&J ’s talcum powder products.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240717162018/en/