© Reuters. The U.S. flag is seen over the company logo for Johnson & Johnson to celebrate the 75th anniversary of the company’s listing at the NYSE in New York
NEW YORK (Reuters) – A New York state judge has reduced to $120 million from $325 million a damages verdict against Johnson & Johnson (N:) to a woman who blamed her cancer on asbestos exposure from using the company’s baby powder.
Justice Gerald Lebovits of the state supreme court in Manhattan approved the lowered payout this week, court records show.
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