Defective Hip Lawsuit Funding Firm, Fair Rate Funding, Reports $502 million Verdict in Pinnacle Hip Implant Trial (press release) Fair Rate Funding, a lawsuit funding firm specializing in the lawsuit cash advance funding of defective hip implants has learned that a Dallas jury awarded a $497.5 million to five plaintiffs severely injured by Pinnacle metal-on-metal hip implants. The lawsuit was broken down as $142 million compensatory and $360 million punitive damages against Johnson & Johnson (J&J). The case was tried in the U.S. District Court for the Northern District of Texas. The trial consolidated five separate plaintiffs asserting that the DePuy hip implants were defective in that they caused metallosis, a condition in which small metal particles enter into the patient's blood causing severe injuries. The five cases that were decided: Aoki v. DePuy Orthopedics, et al., No. 3:13-cv-01071-K; Christopher v. DePuy Orthopedics, et al., No. 3:14-cv-01994-K; Greer v. DePuy Orthopedics, et al., No. 3:12-cv-01672-K; Klusmann v. DePuy Orthopedics, et al., No. 3:11-cv-02800-K; and Peterson v. DePuy Orthopedics, et al., No. 3:11-cv-01941-K. At trial, Plaintiffs' attorneys produc...
Unlock the full article and exclusive OrthoStreams insights: in-depth analyses, hot startups, trends, market intel, and Daily Newsletter—for just $1/day.
Subscribe Now—Up your Game !

