Rottenstein Law Group Acknowledges Forbes Prediction of Potential Amount of Metal-on-Metal Hip Replacement Claim Settlements
(New York, NY, January 9, 2012) The Rottenstein Law Group, which represents clients with claims stemming from the surgical implantation of hip replacement devices manufactured and sold by DePuy Orthopaedics and other companies, acknowledges with interest the predictions of a Forbes contributor that DePuy will most likely pay an average of $169,000 per claim to settle the lawsuits filed by recipients of the company’s defective metal-on-metal hip replacement devices.
Forbes.com contributor Peter Cohan based his prediction primarily on the payout of a $1 billion settlement by Sulzer Orthopedics in 2001. 6,800 patients had sued Sulzer after they had been implanted by replacement hips and knees that were contaminated by an industrial lubricant. The average individual settlement was $147,000, an amount that Cohan inflates by 15 percent to reach his figure of $169,000. In all, Cohan expects the lawsuits filed against DePuy, Zimmer, and other artificial hip manufacturers to reach around $5 billion.
An article appearing last week in the New York Times stated that DePuy faces approximately 4,000 lawsuits over its defective hips. While the majority of these cases are related to the company’s recalled ASR replacement hip systems, an increasing number of lawsuits are being filed due to the failure of the company’s Pinnacle system. To date, close to 600 Pinnacle lawsuits have been consolidated in a Texas federal court. Due to the widespread failure of metal-on-metal replacement hips and the significant costs associated with amended surgeries, the total number of Pinnacle lawsuits will likely increase significantly.
The Rottenstein Law Group is advising anyone with a friend or relative who has undergone a hip replacement procedure to reach out to that person and recommend that he or she consult a physician immediately and then speak to a qualified personal injury lawyer. The Rottenstein Law Group lawyers have a total of more than 25 years of experience fighting for the rights of clients who have suffered harm due to the negligence of powerful corporations. Affected individuals can also stay apprised of the latest developments in the DePuy situation by visiting the DePuy ASR Hip Replacement Lawsuit Information Center. The site is equipped with easy-to-use social media features which will enable users to spread the word about DePuy ASR hip replacement device failures.
About the Rottenstein Law Group
The Rottenstein Law Group is a New York-based law firm that represents clients in mass tort actions. The firm was founded by Rochelle Rottenstein, a lawyer with over two decades of experience in compassionate representation of clients in consumer product injury, mass tort, and class action law suits. For more information, please visit their Web site, or call (888) 9-ROT-LAW.
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