Court Rejects Bid to Block Kenvue’s $398 Million Payout to Shareholders in Tylenol Safety Dispute – Kenvue (NYSE:KVUE)

On Friday, a Texas judge refused to halt an upcoming payout to shareholders by the Texas attorney general Ken Paxton to limit Kenvue Inc (NYSE:KVUE) treatment and marketing of Tylenol amid ongoing lawsuits over the product’s safety for pregnant women. The ruling allows that Kenvue to continue with the planned dividend while the broader dispute […]