An Australian judge has approved a settlement between J&J (JNJ) and patients who received...

|By:, SA News Editor

An Australian judge has approved a settlement between J&J (JNJ) and patients who received dodgy knee implants, clearing the way for the company to  pay compensation of at least A$30,000 ($31,000) per case. J&J recalled the implant in 2009 following reports of defects. Over 5,070 implants were used in Australia, while the number of inquiries about the proposed deal is over 430.