Johnson & Johnson In $4 Billion Settlement on Hip-Implant Lawsuits -Bloomberg

Johnson & Johnson ( JNJ ) has agreed to pay $4 billion to settle more than 7,500 lawsuits over the company's recalled hip-implant products, Bloomberg News reported Tuesday, citing three people familiar with the agreement.

http://www.nasdaq.com/article/johnson--johnson-in-4-billion-settlement-on-hip-implant-lawsuits--bloomberg-20131112-01471?