FINAL NAIL IN JNJ’S $1.7 BILLION PINNACLE HIP LAWSUIT? (Orthopedics This Week)
DePuy, a Johnson & Johnson (JNJ)unit, has agreed to settle the majority of the individual consumer lawsuits that claim that the company’s DePuy Synthes metal-on-metal hip implants were defective and that the company misled patients about potential dangers.
Mark Lanier, an attorney for some of the 10,000 plaintiffs, said, “The parties have reached an agreement that hopefully will resolve most, if not all, of the litigation.” He indicated, “It’s still not a done deal, but we’re getting close.” The details of th...