Jump to Navigation

Stryker Resolves Hip Implant Lawsuits

The New Jersey products liability attorneys at Breslin and Breslin are reporting that Stryker Corp. on Monday said that it has resolved multiple product-liability lawsuits related to its Rejuvenate and ABGII hip implants, which the company had recalled in 2012 because of the potential for the devices to corrode and cause inflammation in tissue in and around the implant.

Stryker has agreed to pay $300,000 to plaintiffs for each hip implant that has required revision surgery, according to a copy of the settlement posted online. The settlement also provides for additional compensation to plaintiffs who suffered complications during revision surgery or other damages. 

Stryker previously recorded charges to its earnings of $1.42 billion that it said represents the low end of what it expects it will cost to resolve the claims. On Monday, the company said it was uncertain of what the ultimate cost would be, and that it may record further charges to its earnings in the future. A majority of the settlements will be made by the end of 2015, Stryker said in a statement. 

Have you or a loved one been injured by a faulty product? If so, you may be able to file a products liability lawsuit to recover compensation for lost wages, medical bills, and pain and suffering. Contact our talented and experienced New Jersey products liability lawyers today to find out if you are eligible to file a claim. 

No Comments

Leave a comment
Comment Information
Subscribe To This Blog’s Feed Visit Our Personal Injury Website
Do You Have A Case?

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.