Report: J&J, plaintiffs close to settling majority of Pinnacle suits

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Johnson & Johnson

Johnson & Johnson (NYSE:JNJ) subsidiary DePuy is close to settling the majority of consumers lawsuits against it related to the alleged defectiveness of its Pinnacle metal-on-metal hips, according to a Bloomberg report.

A federal jury in Dallas that was hearing testimony in damage claims brought by Pinnacle recipients was dismissed upon news of the settlement deal, according to the report.

“The parties have reached an agreement that hopefully will resolve most, if not all, of the litigation,” attorney Mark Lanier, who leads one of the consolidated 10,000-suit litigations against J&J, said, according to Blloomberg.

The company has not yet officially commented on the case, and may not speak on the matter in the future, DePuy spokesperson Mindy Tinsely said, according to the report.

The settlement comes only weeks after J&J’s DePuy reached a $120 million settlement deal with 46 U.S. Attorneys General in a case alleging that the company illegally promoted its Pinnacle Ultamet and ASR XL metal-on-metal hip implants.

Last December, another Bloomberg report suggested that J&J was willing to put more than $400 million on the table to settle consumer allegations that its Pinnacle line of metal-on-metal hips were defective and caused problems including metal poisoning.

The post Report: J&J, plaintiffs close to settling majority of Pinnacle suits appeared first on MassDevice.

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