STORY FROM: Hip & Knee Implant Litigation
Settlement Agreement Reached in Majority of Pending Wright Conserve Hip Implant Cases; Deal Totals $240 Million
November 28, 2016
ATLANTA –– Parties involved in the litigation involving Wright Medical Technology’s Conserve Hip Implant have reached a settlement agreement totaling $240 million, according to press releases issued by both sides in the litigation.
The settlement was reached on Nov. 1, counsel for the parties stated.
The settlement encompasses approximately 1,3000 claims of Wright Medical metal-on-metal hip implant claims whose hips were revised at least 150 days and no more than eight years post-implant.
Those plaintiffs fitting this category that were implanted with the Conserve Cup can receive up to $170,000, while those that were implanted with the metal-liner Dynasty ...