Zimmer Durom Cup Class Action Lawsuit
On July 22, 2008, Zimmer announced that they were suspending sales of their Durom Cup hip implant due to an unusually high number of reported failures and hip revisions. While our product liability lawyers at Saiontz & Kirk, P.A. are reviewing individual Zimmer lawsuits on behalf of individuals who have suffered injuries, the first Zimmer class action suit was filed in federal court on behalf of shareholders who claim that the company’s failure to disclose the Durom Cup problems caused a sudden drop in the price of their stock.
The Zimmer Durom Cup class action suit was filed last week in the United States District Court for the Southern District of Indiana on behalf of individuals who purchased shares of Zimmer Holdings, Inc. between January 28, 2008 and July 21, 2008. Although the Zimmer lawsuit has not yet been certified, the lawyers who filed the case are seeking class status.
The complaint alleges that Zimmer materially misrepresented the company and its products. Specifically, the Zimmer class action suit was filed because they failed to disclose material flaws in the quality systems at their Dover, Ohio facility, which makes Zimmer Orthopedic Surgical Products, and because they failed to disclose that a large number of hip replacement patients who received the Zimmer Durom Acetabular Component, which is used during total hip replacements, were experiencing cup loosening and requiring hip revision surgeries.
>>PRIOR POST (7/29/2008): Zimmer Durom Cup Problems
Could Have Been Discovered Sooner
The Zimmer lawsuit does not seek to represent individuals who actually received the Durom Cup, but rather represents shareholders who saw a drop in Zimmer stock from $70.88 to $66.01 per share in one day.
ZIMMER DUROM CUP LAWYERS
The lawyers at Saiontz & Kirk, P.A. are investigating individual Zimmer Durom Cup lawsuits for individuals who received the hip implant and have experienced:
- Unexplained hip pain more than three months after hip replacement
- Loosening of their Zimmer Durom Cup Hip Implant
- Hip replacement revision surgery caused by Durom Cup problems
Many individuals who have experienced problems after a hip replacement may be unaware of the specific type of hip implant used. Therefore, our Zimmer Durom Cup lawyers are reviewing potential cases for any individuals who are experiencing problems following a hip replacement since 2006, when the Durom Cup was introduced in the United States.
If you, a friend or family member have experienced hip replacement problems which may be related to the Zimmer Durom Cup, request a free consultation and lawsuit evaluation.
