By Lisa Girion and Michael Erman (Reuters) - Johnson & Johnson was ordered on Thursday by a New Jersey state jury to pay punitive damages of $750 million (£580 million) to four plaintiffs who allege that the company's Baby Powder caused their cancer, a ruling that will be reduced to around $185 million because of state laws, according to a lawyer for the plaintiffs and the company. During an earlier phase of the trial, a different jury held J&J liable for the plaintiffs' cancers and awarded them $37.2 million in compensation. Under New Jersey law, punitive damages are capped at 5 times the amount of compensatory damages, according to plaintiffs lawyer Chris Placitella
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