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Company: Wright Medical Group
Current Parent Company:
Stryker
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $240,000,000
Year: 2016
Date: November 3, 2016
Offense Group: safety-related offenses
Primary Offense: drug or medical equipment safety violation
Secondary Offense: product safety violation
Mega-Scandal:
Medical Equipment Hazards
Violation Description: Wright Medical Group agreed to pay $240 million to settle multi-district litigation alleging defects in its metal-on-metal hip implants:
(click here)
Level of Government: federal
Action Type: private litigation
Court: Northern District of Georgia
Civil or Criminal Case: civil
Case ID: 1:12md2329
Case Name: In Re: Wright Medical Technology, Inc., Conserve 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:
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Link to PACER Case Docket (must be logged in):
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.