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Orthopedic device manufacturers might have created elaborate scheme to illegally kickback monies to doctors who used their orthopedic devices.
Investigation Source
- Nationwide
Investigation Scope
Category Information
Investigation Topics
- Over Charge
- Illegal Kickbacks
- Increased Risk Of Injury
- Over Charging For Medical Device
Products or Services
- Durom Cup - Orthopedic Hip Replacement
- Orthopedic Devices
Injury Type
- Monetary Loss
Investigation Details
Investigation and pending class action lawsuits against Stryker Orthopedics and Zimmer Holding as large manufactures of artificial hip and knee replacement devices.
The class action lawsuits allege that Zimmer and Striker created a pervasive kickback scheme by using phony consulting agreements with orthopedic surgeons to cleverly mask kickbacks paid to those doctors and/or hospitals in return for choosing Zimmers or Striker's medical device.
The class action lawsuits allege that Zimmer and Striker created a pervasive kickback scheme by using phony consulting agreements with orthopedic surgeons to cleverly mask kickbacks paid to those doctors and/or hospitals in return for choosing Zimmers or Striker's medical device.
Defendant Details
| Name (Stock Symbol) | Brief Description |
|---|---|
| Stryker Corporation (SYK) | Stryker Corporation, together with its subsidiaries, manufactures medical devices. |
| Zimmer Holdings, Inc. (ZMH) | Zimmer Holdings, Inc., through its subsidiaries, engages in the design, development, manufacture, and marketing of orthopaedic and dental reconstructive implants, spinal implants, trauma products, and related surgical products. |