September 4, 2019
In the first state opioid case to go to trial, an Oklahoma judge ruled that Johnson & Johnson helped fuel the opioid crisis and ordered the company to pay $572 million. The state of Oklahoma argued that the consumer products firm had overstated the effectiveness of opioids and understated their addiction risk.
Two other opioid makers, Purdue and Teva, settled with Oklahoma for $270 million and $85 million respectively. Meanwhile, opioid makers face some 1,500 additional lawsuits filed by state, local and tribal governments. Some legal scholars are comparing the lawsuits to the tobacco master settlement agreement of the 1990s.
The June 2019 Socionomist noted that attacks on successful corporations were increasing. It said that such attacks generally begin to appear as positive mood trends mature and accelerate after the positive mood extreme.
To laern more, read “Attacks on Successful Corporations Accelerate”.
If you look closely, you can see patterns in social mood that help you predict social trends. Learn more with the Socionomics Premier Membership.
The Socionomist enables you to see trend-shaping waves of social mood, as reflected by the stock market — and capitalize on them. The June issue looks at phases of social mood and features a “Research Roundup,” which highlights five academic studies that shine a light on important aspects of socionomic theory. Mood Riffs topics include “quiet luxury,” loneliness, the Writers Guild strike and efforts by countries to trade in currencies other than the U.S. dollar. Read the June issue when you become a Socionomics Premier Member.
