Ok­la­homa judge finds J&J guilty for its role in the opi­oid epi­dem­ic — but shares spike on $572M fine

An Ok­la­homa judge on Mon­day found phar­ma gi­ant J&J guilty of help­ing lay the ground­work on a na­tion­wide epi­dem­ic of opi­oid ad­dic­tion, but on­ly fined the com­pa­ny $572 mil­lion — at the very bot­tom of the range an­a­lysts had set, which stretched up in­to the bil­lions.

The close­ly watched out­come will help cal­i­brate es­ti­mates of just what kind of li­a­bil­i­ty the multi­na­tion­al com­pa­ny faces for an epi­dem­ic the CDC says has cost the lives of hun­dreds of thou­sands of peo­ple through­out the coun­try.

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