Record $2.5 Billion Settlement Reached In Depuy Hip Implant Litigation Against Johnson & Johnson
Toledo, Ohio – November 19, 2013 – Today, Johnson & Johnson and attorneys representing the plaintiffs announced a preliminarily settlement of more than $2.5 billion in litigation over Johnson & Johnson’s recalled DePuy Orthopaedics, Inc. ASR hip implant systems. This is largest settlement ever reached in litigation involving a medical device. The proposed settlement was… read more
FDA Evaluates Hip Implant Safety Issues Affecting 500,000 Americans
Recently, the news has been filled with stories of individuals who have been forced to suffer because their metal-on-metal hip implants failed. This failure has been happening at rates far greater than would be acceptable to the medical community, and the problem became so rampant that recalls were issued. Now, the Food and Drug Administration… read more
Johnson & Johnson Earnings Low Due To Recalls
In a show of just how much damage a product recall can do to a bottom line, Johnson and Johnson has been reported to have taken charges of $3 billion, and their earnings forecast for 2012 is below previous projected numbers. In 2010, the company’s DePuy Orthopedics Division announced a recall of their “metal-on-metal” hip… read more
Hip Recall Lawsuits Against DePuy Keep Rolling In
The lawsuits against ASR hip replacement manufacturers Johnson & Johnson and DePuy Orthopaedics are continually being filed, according to recent news sources. Over 350 cases were filed in a Ohio Federal court in August alone. All of the cases about the metal-on-metal implants are tied to one case undergoing pre-trial proceedings in North Ohio. In… read more