What you should know:
1. The nearly $1 billion award includes an earlier $400 million settlement.
2. Surgeons had to remove the Pinnacle metal-on-metal hip implants because of defects. Nearly 4,500 suits — brought by patients with partial metal implants or those with implants still — are pending.
3. Sources familiar with the settlement told Bloomberg that it was unclear if J&J would settle those remaining 4,500 cases.
4. Johnson & Johnson opted to settle directly with the plaintiffs’ lawyers instead of establishing a settlement program.
5. The mass settlement came after multiple Texas juries over the last three years ordered J&J to pay more than $1.5 billion to Pinnacle hip patients.
6. J&J removed the Pinnacle metal-on-metal hip implant from the market in 2013.
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