... It seems the company is taking into account the possibility for settling all of the Stryker hip lawsuits, while also considering that several of these lawsuits could go to trial and result in large damages awards.
(PRWEB) October 24, 2013
Stryker says its recall of its ABG II and Rejuvenate hip implants could cost between $700 million and more than $1 billion, according to the Wall Street Journal. The Rottenstein Law Group LLP discusses the impact of this estimate on those who have filed or are looking to file a Stryker hip replacement lawsuit.
The company said the ultimate cost would depend on a number of factors, including the value of Stryker settlements and lawsuits, according to an Oct. 23 WSJ article.*
“Based on my review of the announcement, it seems the company is taking into account the possibility for settling all of the Stryker hip lawsuits, while also considering that several of these lawsuits could go to trial and result in large damages awards,” said Rochelle Rottenstein, principal of the Rottenstein Law Group LLP.
There are more than 300 lawsuits pending in a consolidation of federal cases in Minnesota, according to court documents (In re: Stryker Rejuvenate and ABG II Hip Implant Products Liability Litigation; MDL-2441, U.S. District Court for the District of Minnesota). There are currently about 600 lawsuits pending in state court in New Jersey, according to court documents (In re: Stryker Rejuvenate Hip Stem and the ABG II Modular Hip Stem Litigation; MCL-296, Bergen County Superior Court, New Jersey).
Metal poisoning, AKA “metallosis,” is among the most frequently alleged side effects of metal-on-metal hip implants such as the Stryker ABG II and Rejuvenate, according to the U.S. Food and Drug Administration.** The symptoms occur when metal debris from the friction among the implant’s metal components sheds into and accumulates in a patient’s bloodstream. This, according to the FDA, can lead to neurological issues.
The Rottenstein Law Group LLP represents clients nationally in metal-on-metal hip implant lawsuits. RLG encourages hip implant patients to visit its Stryker hip lawsuits FAQ page for more information about Stryker side effects and lawsuits.
About THE ROTTENSTEIN LAW GROUP LLP
The Rottenstein Law Group LLP is a New York-based firm that represents clients nationwide in mass tort actions. The firm was founded by Rochelle Rottenstein, who has more than two decades of experience as a lawyer, to represent clients hurt by defective medical devices and medications. (Attorney advertising. Prior results do not guarantee a similar outcome.)
The Rottenstein Law Group LLP
Rochelle Rottenstein, Esq.
321 W. 44th Street
New York NY 10036
(212) 933-9500 (office phone)
(212) 933-9980 (facsimile)
rochelle (at) rotlaw (dot) com