Settlement Reached for Stryker Hip Implant Patients - Additional Claims Require Action to Join Settlement
On November 3, 2014, a global settlement program involving Stryker’s Rejuvenate and ABG II modular hip implants was executed before and announced by Superior Court Judge Brian R. Martinotti in Bergen County, New Jersey. The settlement was finalized after four months of negotiations before retired United States Magistrate Judge Diane Welsh in Philadelphia. Stryker and plaintiffs’ counsel appointed by Judge Martinotti reached agreement on behalf of an estimated 3,000 patients who were implanted with the modular Rejuvenate or ABG II implants and have undergone a revision surgery. Counsel from the parallel federal Multi-District Litigation proceedings in Minnesota subsequently joined the negotiations and are signatories to the Agreement.
Clients of Maschka, Riedy and Ries are among those with claims involved in the settlement. The settlement provides for gross base awards of $300,000 per failed implant and provides for significant additional compensation for claimants who suffered complications during revision surgery and for other damages, including future surgeries caused by complications. The settlement also provides compensation for individuals who need a revision but are medically unable to undergo the surgery. There is no overall cap or fixed fund for Stryker's liability under this settlement program, and the settlement payments are expected to exceed $1 billion. Claimants will begin receiving their awards in the summer of 2015.
It is believed there are many more potential claimants who have yet to be identified and can benefit from this settlement. If you had total hip replacement surgery involving a Stryker hip implant, you may be entitled to compensation. Time is of the essence. The Settlement Program is complex. Please contact Maschka, Riedy and Ries today for a free consultation.