Stryker Corp. (SYK) agreed to pay more than $1 billion to resolve lawsuits over thousands of hip implants recalled in 2012 after patients complained of pain, swelling and metal debris from the devices.
Stryker will pay a base amount of $300,000 per case to patients who had the devices surgically removed, Kim Catullo, one of the company’s lawyers, told a New Jersey judge yesterday. The device maker faces more than 4,000 suits consolidated in New Jersey state court and federal court in Minnesota.
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Stryker will pay a base amount of $300,000 per case to patients who had the devices surgically removed, Kim Catullo, one of the company’s lawyers, told a New Jersey judge yesterday. The device maker faces more than 4,000 suits consolidated in New Jersey state court and federal court in Minnesota.
Help employers find you! Check out all the jobs and post your resume.
