Litigation
Nov. 21, 2013
Faulty metal hip implants cost Johnson & Johnson $2.5 billion
The health care manufacturer will pay to settle 8,000 lawsuits concerning the medical devices. Some 3,000 others cases are not included in the agreement.
Daily Journal Staff Writer
Johnson & Johnson will cough up $2.5 billion to settle some 8,000 lawsuits across the country over its allegedly faulty metal hip implants.
The health care conglomerate said Tuesday it will pay up to $250,000 to each plaintiff who had surgery to replace the artificial implants before Aug. 31, 2013. The payouts could lower depending on patients' medical condition, age and whether the claimants...
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