Texas attorney general moves to block Tylenol manufacturer from paying dividends amid lawsuit
AUSTIN, TX – Texas Attorney General Ken Paxton has filed a motion to stop Kenvue, the manufacturer of Tylenol, from paying a scheduled November 26 dividend that he argues would drain company assets needed to compensate Texans for alleged illegal and unethical conduct.
File Photo (September 2025)
The motion follows a lawsuit filed last week against Kenvue and Johnson & Johnson, accusing the companies of deceptively marketing Tylenol to pregnant women despite evidence linking acetaminophen exposure to an increased risk of autism and attention-deficit hyperactivity disorder in children. The lawsuit also seeks to hold Johnson & Johnson accountable for what Paxton described as an illegal corporate spinoff designed to evade financial responsibility.
“I will not allow Big Pharma ...


