Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

Johnson & Johnson (JNJ) knew that a metal hip-replacement implant was problematic in 2008, a...

  • Wednesday, January 23, 6:13 AM ET
    Johnson & Johnson (JNJ) knew that a metal hip-replacement implant was problematic in 2008, a year before the company halted production of the product and two years before recalling it, court documents show. The documents are part of a lawsuit whose opening arguments are due to start on Friday. Overall, J&J faces 10,000 suits over the implant, for which its estimated liability is over $1B.
Track new comments on this story

This news story has 2 comments:

  • "Johnson & Johnson (JNJ) knew that a metal hip-replacement implant was problematic in 2008..."

    Mankind knew that a metal hip replacement was problematic every date before 1980.

    Now enterprising attorneys get to get rich. Name some names. I would like to know which state is getting their next Senator.

    "The bigger the host, the larger and more numerous the parasites."
    -- Law of Nature
    23 Jan, 08:01 AM Reply Like
  • Ahhh. Another case for my business ethics class. But yes, I still like the stock.
    23 Jan, 01:19 PM Reply Like
Other date
DJIA (DIA) S&P 500 (SPY)