Though the original deadline for filing a claim with the Stryker defective hip settlement fund was early March, the company has extended the deadline.
Injured patients who have undergone revision surgery may now file a claim until March 30, 2015.
For several years now, the medical device manufacturing company has been under siege for injuring patients who have received metal hip implants.
In light of thousands of injured patients and thousands of lawsuits the company announced a settlement fund in 2014. Under the terms of the settlement, injured patients can receive at least $300,000 per hip. There is additional financial compensation available to patients who have extraordinary injuries.
For instance, patients who have undergone repeat revision surgeries and patients who have also experienced severe muscle damage will be entitled to additional compensation identified in the settlement.
The company has decided to extend the settlement so that as many people as possible can be taken care of. But the extension is not entirely altruistic. The company also wants to avoid as many lawsuits as possible, because jury trials may award injured patients settlement amounts that are potentially greater than those offered in the fund.
It remains to be seen how many patients opt to take the settlement fund and how many patients opt to file a personal injury lawsuit instead.
Stryker Settlement Lawsuit Attorneys
The defective hip recall lawyers at Mike Lewis Attorneys are ready to assist you with pursuing a Stryker settlement claim before the deadline.
Additionally, it is important to note that accepting the settlement is not necessarily the best strategy. In some cases, clients may be better off filing an individual personal injury lawsuit.
To discuss your case during a free consultation, contact our law firm today.