ABG II Hip Device Lawsuit

Howmedica Osteonics Corp., a subsidiary of Stryker Corporation, has agreed to settle the litigation over its Rejuvenate Modular-Neck hip stem and ABG II Modular-Neck hip stem devices. As reported by ABC News, Stryker has agreed to pay $1.43 billion to settle approximately four thousand lawsuits that are currently pending in New Jersey state court