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4 Nov 2014, 11:54 am by Pete Strom
Biomet Settles Kickbacks Whistleblower Lawsuit for $6 Million Orthopedic giant Biomet, which recently settled a personal injury multidistrict litigation (MDL) alleging serious injuries and high failure rates for the company’s all-metal hip devices, has now settled a whistle-blower lawsuit with the Department of Justice in which the company admits no fault in kickback allegations. [read post]
14 May 2009, 1:38 am
Biomet has set taken aside a $39 million after-tax charge to settle the suits. [read post]
19 Nov 2013, 9:24 am by Ronald V. Miller, Jr.
The Biomet hip lawsuits involve claims that the Biomet Magnum hip replacement design was fatally flawed. [read post]
29 Jun 2016, 9:54 am by Jay W. Belle Isle
This breach leaves Zimmer Biomet open to criminal prosecution. [read post]
15 Feb 2014, 9:24 pm
Product liability litigation is a concern for Biomet as it is expected that bellwether Biomet hip lawsuits will take place in 2015. [read post]
27 Mar 2017, 8:31 am by Kelly Hyman
Plaintiffs, Griseth DeJesus, Chanton Harris and Rita Taranto sued in Florida State Court asserting that they were injured by hip implant manufactured by Biomet Inc. and Biomet Orthopedics LLC. [read post]
17 Feb 2017, 10:27 am by Jay W. Belle Isle
A recall of the Zimmer Biomet Comprehensive Reverse Shoulder device was recently issued due to a higher rate of fractures than is described on the label. [read post]
14 Feb 2014, 8:01 am by Pete Strom
Manufacturer Biomet Reaches Settlement Agreement in Personal Injury Cases Involving Artificial Hip US-based medical device manufacturer Biomet has agreed to pay $200,000 per personal injury lawsuit in a multidistrict litigation (MDL) involving their M2a Magnum artificial hips. [read post]
19 Jul 2007, 9:50 am
Yesterday, Biomet filed a preliminary proxy statement to effect a squeeze-out merger of its remaining minority shareholders. [read post]
13 Mar 2013, 7:00 am
It is thus argued that Biomet knew that the product was defective. [read post]
11 Dec 2006, 7:35 am
Shares of Biomet jumped nearly 4 percent in early trading on Monday. [read post]
6 Aug 2013, 8:37 am by WynnAndWynn
The Biomet M2a Magnum hip replacement has also been recalled. [read post]
18 Dec 2006, 5:34 am
Biomet said in April it had hired Morgan [...] [read post]
2 Nov 2006, 3:25 am
The announcement followed a report in Wednesday’s New York Times that the British company was in early discussions to acquire Biomet for more than $9 billion. [read post]
22 Feb 2012, 10:06 pm
So what are the problems With the Biomet Magnum Hip Implants? [read post]
22 Feb 2012, 10:06 pm
So what are the problems With the Biomet Magnum Hip Implants? [read post]
21 Jan 2016, 8:49 am by Gene Pierson
Before this case, Puget Bioventures brought suit against Biomet alleging infringement of US Patent Number 7,344,541, which expired on December 25, 2015. [read post]