DePuy Pinnacle Hip MDL Common Benefit Cut Back To 10 Percent For $950M Settlement

Mealey's (July 23, 2019, 1:57 PM EDT) -- DALLAS — The Texas federal judge overseeing the DePuy Pinnacle hip multidistrict litigation on July 22 granted a joint motion to reduce the common benefit holdback from 25 percent to the original 10 percent but ordered defendant DePuy Synthes Cos. to chip in an extra $139.6 million in fees and disclosed that DePuy estimates that its settlement of the litigation totals $950 million (In Re:  DePuy Orthopaedics, Inc., Pinnacle Hip Implant Products Liability Litigation, MDL Docket No. 2244, No. 11-md-2244, N.D. Texas, Dallas Div.)....