01:53 PM EDT, 05/22/2024 (MT Newswires) -- (Updates with Johnson & Johnson's ( JNJ ) response.)

Johnson & Johnson ( JNJ ) is alleged to have engaged in certain fraudulent transactions and "bad faith bankruptcy filings" that have hindered or delayed individuals who developed cancer from using the company's asbestos-laden talc products from having their day in court, according to a lawsuit filed Wednesday in a federal district court in New Jersey.

"Our focus has been and will remain reaching a full, fair and final resolution of this litigation, and allowing the claimants to speak for themselves," Erik Haas, Johnson & Johnson's ( JNJ ) worldwide vice president of litigation, told MT Newswires. "We will immediately move to dismiss this latest 'Hail Mary' frivolous filing."

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