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Texas Judge Clears Kenvue's $398M Dividend Amid Lawsuit

11/15/2025

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Summary

Story summary

A Texas judge allowed Kenvue to proceed with a $398 million shareholder dividend amid a lawsuit by Texas Attorney General Ken Paxton, who alleges Tylenol risks during pregnancy were concealed.
The judge ruled she lacked jurisdiction over the dividend, signaling reluctance to interfere in corporate matters.
Kenvue's lawyer said the dividend would be issued as planned, and Paxton's office did not comment.

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Story summary

A Texas judge allowed Kenvue to proceed with a $398 million shareholder dividend amid a lawsuit by Texas Attorney General Ken Paxton, who alleges Tylenol risks during pregnancy were concealed.
The judge ruled she lacked jurisdiction over the dividend, signaling reluctance to interfere in corporate matters.
Kenvue's lawyer said the dividend would be issued as planned, and Paxton's office did not comment.