10 Companies with Terrible Reputations

Johnson & Johnson

Johnson & Johnson has gone through a series of product recalls and problems that began with Motrin and Tylenol for children. These recalls were amid “more than two dozen that J&J has issued since September 2009, for products ranging from adult and children’s nonprescription Tylenol, Motrin, Benadryl and other medicines to prescription drugs for HIV and seizures, defective hip implants that caused severe pain and contact lenses that irritated the eyes,” according to Associate Press. The parents of a two-year-old who was treated with one of the tainted batches of Children’s Tylenol lately sued the company for the unjust death of their child. In March 2011, the FDA took over three Tylenol plants owned by Johnson & Johnson. The recalls have started to harm the company. Third-quarter 2011 sales of over-the-counter drugs fell 24 percent from the previous year. The company executives certified the major loss of market share to quality issues that kept products off shelves, according to Bloomberg. The long series of problems has ruined what was once a sterling reputation. Since the disclosures mounted two years ago, Johnson & Johnson shares are flat while the DJIA is up 17 percent, over the past year.