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Violation Tracker Individual Record

Company: Stryker Corp.
Current Parent CompanyStryker
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $1,425,000,000
Year: 2014
Date: November 3, 2014
Offense Group: safety-related offenses
Primary Offense: drug or medical equipment safety violation
Secondary Offense: product safety violation
Violation Description: Stryker announced that it had recorded a charge to earnings of $1.425 billion to cover the costs of settling multi-district litigation concerning allegedly defective metal hip replacement parts: (click here)
Level of Government: federal
Action Type: private litigation
Court: District of Minnesota
Civil or Criminal Case: civil
Case ID: 0:13md2441
Case Name: In re: Stryker Rejuvenate and ABG II Hip Implant Products Liability Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: Michigan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: medical equipment and supplies
Specific Industry of Current Parent: medical supplies
Source of Data(click here)
Link to PACER Case Docket (must be logged in)(click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.