Reports: Johnson & Johnson Will Pay $4B In DePuy ASR Settlements
Marilyn McGoldrick on Nov 13, 2013 10:30:00 AM
Today there are multiple news reports of great interest to people suffering from defective hip replacements: Johnson & Johnson’s subsidiary DePuy Orthopaedics has agreed to a tentative settlement of over 4 billion dollars to resolve thousands of DePuy Articular Surface Replacement (ASR) hip implant lawsuits. This would make it the largest recorded settlement for a defective medical device in US history.
Details are still being worked out, but broadly the settlement will pay each claimant as much as $350,000 for a defective ASR hip implant that had to be removed and replaced. The settlement does not apply to other DePuy hip implants, or to claimants whose ASR implant was not removed and replaced.
This is the second multibillion dollar payout by Johnson & Johnson revealed this month. Last week the Justice Department and states attorney generals announced that Johnson & Johnson would pay 2.2 billion dollars in criminal and civil fines and penalties for encouraging the off-label use of the antipsychotic drug Risperdal.
Thornton Law Firm has formed an expert team with decades of experience in proving medical device defects to represent individuals who have been injured by DePuy’s ASR or Pinnacle hip implants. Please call Attorneys Marilyn McGoldrick, David Strouss or Dave McMorris at 1-888-341-1405 for a free evaluation of your legal rights against Johnson & Johnson.