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In the second trial, an Illinois jury returned a verdict in favor of DePuy in a lawsuit brought by a nurse who had sought $5 million in damages. [7] On June 14, 2012, Johnson & Johnson completed the acquisition of Synthes, which was integrated with the DePuy franchise to establish the DePuy Synthes Companies of Johnson & Johnson. [8]
At the beginning of 2011, DePuy Orthopaedics said they were phasing out the ASR Hip Implant because of declining sales, but never mentioned the high failure rate data from an Australian implant registry. In March 2011, The New York Times reported that DePuy issued its first warning to doctors and patients about the high early failure rate. [1]
The following is a list of the 20 largest settlements reached between the United States Department of Justice and pharmaceutical companies from 2001 to 2013, ordered by the size of the total settlement. The settlement amount includes both the civil (False Claims Act) settlement and criminal fine.
The lawsuits drove the company to declare bankruptcy in 1995, before it agreed to pay $2.3 billion to settle claims from 240,000 women in amounts ranging from $2,000 to $250,000 each in 2004 ...
Many of these cases have lead to class action lawsuits and proceedings by the Federal Trade Commision (FTC), resulting in a number of settlements worth millions — or even billions — of dollars ...
Several lawsuits have been filed by customers and even owner Katie Gast's own family members. According to these claims, grieving families paid for headstones, grave markers, and even mausoleums ...
The following is a list of the 21 largest civil settlements, reached between the United States Department of Justice and pharmaceutical companies from 2001 to 2017, ordered by the size of the total civil settlement. Some of these matters also resolved criminal fines and penalties, listed in parentheses, but these amounts are not considered when ...
Negotiate the amount of the 1099 income before you finalize the settlement: Before you sign the settlement agreement, define whether or not the defendant will issue a Form 1099 or not. If they ...