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California judge rules for drugmakers in major opioid lawsuit -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO: The Johnson & Johnson logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 29, 2019. REUTERS/Brendan McDermid

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(Reuters) – California Judge on Monday said he will rule against large California counties that accused four drugmakers, who allegedly fuelled an epidemic of opioid addiction. They claimed they failed to prove the $50 billion case at trial.

Orange County Superior Court Judge Peter Wilson issued a tentative ruling finding Johnson & Johnson (NYSE:), Teva Pharmaceutical Industries (NYSE:) Ltd, Endo International (NASDAQ:) PLC and AbbVie Inc (NYSE. ) An Allergan unit (NYSE. ) is not liable for creating an public nuisance.

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