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Examining the Cost of the DePuy Hip Recall

Last month Lawyers & Settlements took a look at the effect that the DePuy hip recall might have on the parent company responsible for defect in the product, Johnson & Johnson.

Blog readers are aware that nearly 100,000 of the implants were recalled by the company in August after evidence mounted quickly showing the extreme danger the product presented to patients. Many of the patients included Illinois nursing home residents who have suffered complications from the product, including irreparable harm to their bodies. Each time a joint is redone some bone is lost in the patient’s body.

As a result, a large number of DePuy recall lawsuits have been filed by victims seeking to recover for their losses. To help account for the expected payouts, the company has already set aside $922 million in its 4th quarter financial report from last year. Some experts expect the costs to rise much higher than that as literally thousands of victims continue to step forward after suffering the dangerous consequences of the problematic medical device.

Our Chicago product liability lawyers at Levin & Perconti continue to follow the developments in the DePuy recall case as we consider fighting for the rights of those victimized by the recall. Many Chicago-area residents may have been affected by these errors. It is important that the potential victims take steps to ensure that their devices are safe and secure. If they discover that they are at risk they should immediately take appropriate medical action and contact a DePuy recall lawyer to ensure that their legal rights are protected and honored.

See Our Related Blog Posts:

Company Waited Too Long to Issue DePuy Hip Recall

Illinois DePuy Lawsuits Likely Part of Over $1 Billion in Projected Settlements