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Johnson & Johnson (JNJ) Escapes Lawsuit Over Ex-CEO's Pay


6/27/2014 7:16:06 AM

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A federal judge dismisses a lawsuit accusing Johnson & Johnson of over-paying former CEO William Weldon.

Johnson & Johnson (NYSE:JNJ) yesterday escaped a shareholders derivative lawsuit alleging that the company over-paid former CEO William Weldon, who presided over a spate of recalls that bedeviled the healthcare giant a few years back.

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