The proposed settlement is going to be presented in federal court and will need the blessing of the federal judge overseeing the DePuy ASR litigation, which at last count has passed the 12,000 mark for folks afflicted by the allegedly faulty hip implant.
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Articles Tagged with DePuy ASR
$4 Billion J&J DePuy Settles ASR Metal Hip Lawsuits
Settlement Impacts Thousands of Patients
DePuy ASR Hip Failure Lawsuits Heading to Settlement?
There is media speculation that Johnson & Johnson (J&J), and its subsidiary DePuy, are in active discussions to attempt a global settlement of their defective ASR metal on metal artificial hips.
J&J Potential Settlement North of $3 Billion
Apparently J&J has discussed paying more than $3 billion to settle lawsuits over its recalled hip implants. J&J is exposed to over 11,500 product liability lawsuits in the U.S. and is considering paying more than $300,000 per case.
DePuy ASR Hip Failure Lawsuits Heading to Settlement?
J&J Potential Settlement North of $3 Billion
Apparently J&J has discussed paying more than $3 billion to settle lawsuits over its recalled hip implants. J&J is exposed to over 11,500 product liability lawsuits in the U.S. and is considering paying more than $300,000 per case. According to experts, such a global settlement would surpass $3 billion if most plaintiffs accept the proposed terms, this valuation is 50% larger than previously proposed.
Biomet M2A Metallosis Hip Failure Cases Update
The plaintiff, Leslie Caccia, had to undergo multiple revision surgeries after his Biomet ReCap Femoral Resurfacing System and M2A-Magnum metal-on-metal hip replacement system prematurely failed.