by Ryan L. Thompson on 11/13/2013
Johnson & Johnson continues to make mass tort legal history, and not in a good way.
According to multiple reliable sources, the medical device giant will pay more than $4 billion to resolve thousands of lawsuits over its recalled metal hip implants in the largest medical device settlement in American legal history. The settlement will be the second multibillion-dollar agreement this month for J&J, the world’s largest seller of health-care products, as it said Nov. 4 that it will pay $2.2 billion to resolve criminal and civil probes into the marketing of Risperdal and other medicines.
The company is facing about 12,000 suits filed in federal and state courts in Ohio, California and New Jersey. U.S. District Judge David Katz in Toledo is coordinating federal litigation and the settlement will need his approval. The consolidated federal case is In re DePuy Orthopedics Inc., ASR Hip Implant Products Liability Litigation, 10-MD-2197, U.S. District Court, Northern District of Ohio (Toledo).
The $4 billion settlement will provide compensation to hip patients based on factors including age, extent of injuries and whether they had one or more surgeries to replace defective implants, according to the people.
Watts Guerra has been involved in defective hip implant litigation and medical device litigation nationally since its inception. Our trial lawyers will watch for the progress of this alleged settlement, hoping for a speedy and fair resolution for our clients and for all victims.blog comments powered by Disqus