Avon Files for Bankruptcy Over Debt from Talc Lawsuits
Avon Products Inc. has filed for bankruptcy as it faces 200 lawsuits related to its talc-based products. Plaintiffs claim their cancer diagnoses are the result of asbestos contamination in the company’s products. According to an Avon press release, the Chapter 11 bankruptcy protection move is meant to “address its debt and legacy talc liabilities.” The […]
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