No the settlement shouldn't be reduced.
I don't care if the 1.5 billion dollar settlement bankrupts Johnson and Johnson. This is a problem they have know about since the 1950's.
They have actively lied about it and tried to cover it up since the 1970's. J&J KNEW it was harmful and would financially hurt their business. They only EVER cared about keeping this all a secret to protect profits.
J&J did what lots of corporation love to do. Commission a phoney favorable "scientific" study to prove how safe their product was. It was all false. A previous 1979 NIOSH study in The Journal of Environmental Pathology and Toxicology found “significant increase” in “respiratory cancer mortality” among the talc miners.
A lying criminal corporation doesn't deserve the benefit of the doubt and they should not have the settlement reduced. J&J can afford to pay damages for all the people they have hurt and killed over the years from cancer.
https://www.reuters.com/investigates/special-report/johnsonandjohnson-cancer/