Stryker Hip Recall Products (Rejuvenate and ABG II) Settle for $1 Billion; Largest Individual Base Payment Awards to Date in Mass Tort Hip Implant Settlement, Says Lawsuitsettlementnews.com
Lawsuit website reports unprecedented national settlement to date, providing a $300k payment per hip with additional payments for serious complications and suffering due to the hip implants.
HACKENSACK, N.J., Nov. 14, 2014 /PRNewswire/ -- MT Services LLC, a Lawsuit Settlement News Reporting Company which operates lawsuitsettlementnews.com, announced today a prime focus on assisting plaintiffs who have suffered with complications from a Stryker hip implant due to the $1 billion settlement that was announced last week by Stryker Corporation. People who have received the Stryker Rejuvenate and ABG II hip replacement devices and subsequently had them removed are qualified to participate in the settlement, which was reached in State Superior Court in Hackensack, New Jersey and in Federal Court in Minnesota. However, those who sued prior to device failure without replacement surgery before November 3rd are not eligible to partake in the settlement, but according to lawyers in NorthJersey.com, they "could be covered in a future round of negotiations" with Stryker Corp.
In July of 2012, the Rejuvenate and ABG II implant devices were recalled by Stryker and its subsidiary Howmedica Osteonics Corp., during which time unusually high failure rates were being reported. However, more than 20k devices were implanted in people throughout the country by then. According to NorthJersey.com, "The defect was linked to the use of dissimilar metals in neck and stem components that are anchored into the femur. Corrosion of the metals released toxic substances into the blood stream and caused muscle, tissue, and bone deterioration," lawyers said. The poisoning of the blood from chromium or cobalt is also referred to as Metallosis.
Chris Janish, CEO of MTS, commented on the recent $1 billion Stryker settlement, "The Stryker Hip Settlement comes as no surprise with the highest default rates of any of the metal-on-metal hips. The lawyers worked very hard and expeditiously to secure the largest base hip award in history. However, cases without revisions were not included in the settlement and we urge any remaining patients who have not retained legal counsel to do so immediately in order to qualify for up to $300K in settlement amount per the Stryker recalled hip implant."
MTS can assist patients who need lawsuit help with finding a qualified Stryker Law Firm or Stryker Hip lawyer to provide a free evaluation on their case. To learn more about MTS' services involving hip litigations, visit: http://www.lawsuitsettlementnews.com/hip-implant-lawsuits
The $1 billion settlement is expected to provide plaintiffs an award of $10K to $600K for serious complications including post-operative infections, requirement for further surgeries, hip dislocations, femur fractures, heart attacks, strokes, and lost wages. There are over 3,000 people who now must decide whether or not to accept a share of the $1 billion settlement, because the agreement requires 95% of the plaintiffs to sign on, otherwise Stryker can walk away from the settlement. MTS expects that the settlement will be approved in the upcoming months; however, disbursement of funds is not expected until mid-2015.
MT Services LLC provides up-to-date lawsuit news on Stryker Hip litigations, as well as various services to assist victims with getting the help they need during this difficult time. These services include: Lawsuit Pre-Settlement Funding Cash Advances, corrective or revision surgery procedure funding (or cash needs related to your surgery), and assistance with obtaining an attorney from a nationally recognized Stryker Hip law firm. MTS' contacts are providing up to $50K in pre-settlement funding today on Stryker hip cases. (Lawsuit funding or surgical funding products should not be considered to be a lawsuit loan, lawsuit loans, settlement loans, pre-settlement loans, or lawsuit settlement loans.)
To learn more about the lawsuit help services that MTS can provide involving the Stryker Hip litigation visit: http://www.lawsuitsettlementnews.com/about-our-products-and-services
If you or a loved one have been injured by a Stryker, DePuy, Biomet, or Wright Hip implant and need lawsuit help, including finding a Hip recall law firm, obtaining up to $50K in pre-settlement lawsuit funding, or obtaining surgical funding, call right now to speak to a live agent at 877.571.0405. You may also fill out a quick application online at: www.lawsuitsettlementnews.com and an agent will contact you shortly.
MT Services LLC is not a law firm and cannot provide legal advice on your case; however, MTS works with lawyers involved in mass tort litigations who are willing to provide a free legal consultation at the consumer's request. For a list of full disclosures please visit the company's website disclosure page at: http://www.lawsuitsettlementnews.com/terms-of-service
Contact: Chris Janish, CEO
Ph. 877.571.0405
SOURCE MT Services LLC
Share this article