Approximately five days prior to trial, and one day after a judge denied Defendants’ attempt to dismiss, a settlement was reached in a pending Wright Profemur lawsuit. This is one of at least two Wright Profemur hip settlements that have been reached just before trial. The terms of the settlement were not disclosed.
I don’t know what they are, either. But let me tell you how much I think this case settled for: more than the market value for the claim. Why? Because the attorneys handling these case for Wright are pretty smart. They know full well the best way for the settlement value of these cases to get completely out of hand is to let plaintiffs start seeing jury verdicts. Right now, Wright can pretend that they are someone situated different than DePuy. Everyone who is in these cases – on both sides – knows the real score. But the last thing Wright needs at this point is a big verdict to get plaintiffs’ expectations soaring through the roof.
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