Hip Recall Settlement Funding for Stryker, Wright and Biomet

Stryker, DePuy, Wright, or BioMet Hip Replacement Lawsuit Settlement Funding & Settlement Amounts

Stryker issued a recall in July 2012 on the Stryker Rejuvenate and the ABG II modular-neck hip stems. Accordingly, Legal-Bay is now funding Stryker’s Accolade hip model. The products cause toxic debris to enter into the bloodstream and cause numerous side effects. The side effects include, but are not limited to: inflammation, swelling, tissue damage, and metal blood poisoning.

Patients who have experienced symptoms should consider a revision surgery to remove the defective device. However, revision surgeries are very painful and are the potential subject of large damages.

All the more reason to call and see if you qualify for a hip recall settlement loan today!

Presently, there are approximately 20K Stryker hip devices that are subject to the recall in the U.S. alone. Initial studies showed that the Stryker hips that were recalled were defaulting at a rate of approximately 15%. All things considered, this is higher than the industry standard. However, sources involved in the litigation have told Legal-Bay – a plaintiff advocate firm for mass tort cases – that new reports on the Stryker ABG II, Accolade, and Rejuvenate Hips could become defective in up to 50% of the implants in five years. This alarming rate could result in over 5K Stryker lawsuits subsequently before the litigation is concluded.

Legal-Bay believes that defective Stryker hips causes metallosis, and therefore could lead to a revision surgery. In that case, the resulting settlements can award up to $500K for the individual involved.

Stryker settles for $1.43 billion

Need to Retain a Stryker Hip law firm?

If you do not have a lawyer yet, but believe you may have a valid lawsuit claim against Stryker, Legal-Bay can also assist you with obtaining a free consultation with a top mass tort firm that is active in the Stryker litigation. Simply fill out the application above or call Legal-Bay’s toll-free number at: 866.792.0234. Time to file a claim is limited, so it is important to act quickly.

Johnson & Johnson/DePuy ASR and Pinnacle Hips

In 2010, Johnson & Johnson, the parent of the DePuy ASR hip implant, announced a recall of the defective hip implant system. Since then, the recall has produced approximately 15,000 lawsuits, with many more coming. Most of the lawsuits generally claim that the product caused severe issues to the plaintiffs. In short, these issues include pain, swelling, inflammation, infection, damage to surrounding bone and tissue, and metallosis (chromium and cobalt metal poisoning).

Bloomberg reports that over 37,000 U.S. patients have DePuy Hip Implants. At first, experts expected that 12-13% will fail within the first 5 years. However, healthcare experts are now saying that the device could have up to a 50% failure rate within the first 6 years. Johnson & Johnson announced in January 2010 that they had set aside $912 million to settle impending DePuy lawsuits, and has reserved additional funds to begin to resolve the entire litigation.

Settlement Reached in DePuy ASR Litigation

In late 2013, Johnson & Johnson’s DePuy hip division reached the largest product liability lawsuit settlement in U.S. history. Forthwith, they agreed to settle approximately 7,000 hip lawsuit claims at approximately $250K per case. The landmark settlement marks the beginning of the end of the ASR litigation. On the whole, it could cost DePuy close to $4 billion, according to Bloomberg News. In fact, approval of the settlement could occur as early as in 2014, and payment disbursal should begin in 2014 or 2015.

Presently, some 7K claims reached the ASR Settlement, with another reported 1K settlements for a base award of $250K per case on the way. This leaves 25% of the cases still pending, which means there is indeed still time to file ASR claims in many jurisdictions. So far, Pinnacle hip cases remain unresolved. DePuy was victorious in its first trial, in which the plaintiff walked away with no award. At this time, more than 6,500 Pinnacle claims remain pending. So, according to legal experts, they are expected to drag on for the foreseeable future.

Pinnacle Hip Still on the Market

$500 Million Jury Verdict Over DePuy Pinnacle Hip

Johnson & Johnson and its DePuy unit were hit with a $500 million jury verdict over its Pinnacle metal-on-metal hip implants. After two months of trial, a Texas federal jury found that “the Pinnacle hips were defectively designed, and that the companies failed to warn the public about their risks.” Now, J&J and its DePuy unit must pay $500 million to five plaintiffs who were injured by the Pinnacle metal-on-metal hip implants.

There are still approximately 8,000 cases pending in federal court over the Pinnacle devices. The metal-on-metal components of the Pinnacle Hip are similar to the ASR hip, and the litigation is expected to drag on for many years. However, Pinnacle hip victims who have clear signs of metal poisoning, metallosis, and have had either a revision surgery or need a revision surgery should speak with an attorney immediately.

Legal-Bay can help you with finding a Pinnacle hip law firm. If you already have an attorney, and need lawsuit funding on either your Pinnacle or ASR Hip, Legal-Bay can also help you.

Wright Profemur Hip Replacement Documents Subject\to Subpoena Request by U.S. Attorney’s Office

Wright Profemur Hip Replacement devices were initially under scrutiny by the Western District of Tennessee’s Attorney Office due to concerns regarding complications associated with the Wright Profemur modular-neck systems. Legal-Bay believes due to the recent recalls of the DePuy and Stryker Hip implants, the subpoena request will lead to many lawsuits being filed against Wright, and possibly a recall down the road. The Wright system has had an 11% failure rate in just three years, according to an Australian National Report.

$4.5MM Verdict Reached Against Wright Medical Technology Inc.

A $4.5 million verdict was reached against Wright Medical Technology Inc. over their Profemur R hip implant. Jurors in Los Angeles County Superior Court found that Wright’s Profemur R was not defective in its design, however, it was defective in its manufacturing.

Lawsuits against Wright Medical Technology, Inc.

Wright Medical Technology Inc. currently faces more than 1,000 lawsuits over their hip implants. The majority of the cases have been coordinated for pretrial proceedings in either the LA County Superior Court or the U.S. District Court for the Northern District of Georgia where the multidistrict litigation (MDL) is taking place (MDL No. 2329). Bellwether trials are set to begin this year.

Legal-Bay has been accepting applications on the Wright Profemur and Wright Conserve Hip implant products.

If you are interested in receiving a cash advance today on your lawsuit or would like a free consultation to determine if you have a valid lawsuit claim against Wright, fill out the application on the upper left side of this page or call Legal-Bay’s toll-free hotline at 866.792.0234. We have an experienced hip funding agents that can answer all of your questions and/or refer you to a top mass tort litigation law firm.

Biomet Reaches $56MM Settlement over Faulty Hips

The multidistrict litigation in the U.S. District Court for the Northern District of Indiana began in 2012, and in February of 2014, Reuters News reported a $56 million settlement to its BioMet M2a 38 or M2a Magnum hip replacement system. That settlement resulted in an average settlement amount of approximately $200K per hip case that involved revision surgery.

Legal-Bay is providing settled case funding on these cases that are included in the first settlement wave, and pre-settlement funding on any claims still pending.

If you are in need of pre-settlement lawsuit funding on your BioMet case or need to speak to a BioMet law firm in order to be eligible for the above settlement award, feel free to contact Legal-Bay directly by filling out the application on the upper left side of this page or calling Legal-Bay’s toll-free hotline at: 866.792.0234.

Whether you have an attorney or not, or need help finding a hip law firm, and need lawsuit funding on either your Pinnacle or ASR hip case, Legal-Bay is here to help you.

What if you don’t have a lawyer yet?

The good news? It’s not too late to file a Stryker, DePuy, Wright, or Biomet hip implant lawsuit settlement claim. You can also get the Depuy hip replacement lawsuit settlement compensation amount you deserve. The time to file a claim for your hip replacement compensation amount is certainly ticking. Especially since the serious side effects and settlements have now been made public,

Legal-Bay strongly advises you to immediately speak to a lawyer to ascertain if you have a claim or not.

Legal-Bay would be more than happy to refer you to a national Stryker or Wright law firm. This is due to our direct relationships with many top Stryker and Wright law firms, The free consultation will cost you nothing. If they decide to take your case, the lawyer will only be paid if you win.

If you are wondering how much compensation you could get for a hip replacement recall lawsuit and are interested in speaking to a Legal-Bay representative about obtaining a Stryker, DePuy, Wright, or Biomet lawyer, feel free to fill out the application on the upper left side of this page or call Legal-Bay directly at: 866.792.0234 or apply here.