J&J Ordered to Pay $502 Million Over Pinnacle Hip Failures March...

J&J Ordered to Pay $502 Million Over Pinnacle Hip Failures

March 18, 2016

Johnson & Johnson was ordered to pay $502 million to a group of patients who accused the company of hiding flaws in its Pinnacle artificial hips that caused the devices to prematurely fail and left them facing surgeries and pain...

*** New Jersey-based J&J’s $2.5 billion settlement of claims over another line of artificial hips known as ASRs. J&J recalled 93,000 of those implants worldwide in August 2010, saying 12 percent failed within five years.

http://www.bloomberg.com/news/artic...2-million-over-pinnacle-hip-failures-ilwk16v4