Johnson & Johnson, the company that owns DePuy, has obtained the service of Legal-Bay, a lawsuit settlement funding company. Reports indicate that the settlement amounts for victims of the defective DePuy ASR hip implant devices could top $1 million, with an average settlement range to be somewhere around $500,000, according to marketwatch.com.
For more info on the DePuy hip replacement recall and your legal rights, check out our in-depth consumer report and legal articles:
To be clear, these estimates in no way guarantee that a DePuy hip implant injury victim will receive $500,000 or $1 million, but it does indicate that the settlement amounts could be quite large for some plaintiffs. It is also an important message for anyone who has been injured by the DePuy hip replacement device, or who has a loved one who suffered an injury, to take legal action right away.
The statute of limitations in Virginia for a personal injury claim is only 2 years. The DePuy hip replacement device recall took place in 2010. That means any potential claim that is not filed this year could face a statute of limitations defense by the manufacturer.