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Johnson & Johnson Hit with $572M Fine by Oklahoma Judge

Johnson & Johnson has been deemed accountable for contributing to the nation's opioid epidemic and has been ordered to pay $572 million by an Oklahoma judge. So reports CNBC.

At the heart of the ruling are the "marketing and promotion" of the drugs that "created a nuisance" as defined by law. As the penalty was smaller than some anticipated, the company's stock rose shortly after it was handed down. Johnson & Johnson plans to appeal the ruling.
Read the full article from CNBC.

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