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Johnson & Johnson's baby powder Photo: Mike Mozart/Flickr

Hours before New Jersey jurors on Thursday came out with a $750 million verdict in a talcum powder case, attorney Chris Panatier told them that their award was “going to have to be big” to deter Johnson & Johnson, according to a transcript. New Jersey law prohibited Panatier from suggesting a specific dollar figure, but he noted that Johnson & Johnson CEO Alex Gorsky, who testified at trial, made $30 million a year and had $300 million in stock options.

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Amanda Bronstad

Amanda Bronstad is the ALM staff reporter covering class actions and mass torts nationwide. She writes the email dispatch Critical Mass. She is based in Los Angeles.

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