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 the agreement have not been released.
Following the announcement of the settlement talks, the jury that had been empaneled to hear most recent Pinnacle lawsuit was released. The case, In Re DePuy Orthopaedics Inc. Pinnacle Hip Implant Products Liability Litigation, 11-md-2244, U.S District Court, Northern District of Texas (Dallas), was brought by five Pinnacle hip implant recipients.
This announcement comes just two weeks after DePuy agreed to pay $120 million to settle the multistate lawsuits that alleged that the company made false claims and engaged in deceptive marketing for its metal-on-...
