Judge Reduces $500 Million Verdict Against J&J for Hip Implants

Originally published by Bob Kraft.

Reuters reports that a Federal judge has reduced a $500 million verdict against Johnson & Johnson “over allegedly defective metal-on-metal Pinnacle hip implants” to about $151 million. The judge “said he was compelled to reduce the verdict under a Texas state law limiting punitive damages according to a specific formula.”

From the news release of the American Association for Justice.

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