Wednesday, May 25, 2011

Taking A Look At Zimmer Layoffs Affecting Zimmer Recall

The Journal Gazette reports a disturbing practice by Zimmer Holdings, manufacturer of the failure-prone Zimmer NexGen CR-Flex knee replacement device. In the last 12 months, the corporation has been laying-off its workers in staggered waves. As of late, three individuals were laid off. Why? Possibly to avoid reporting a mass layoff to government agencies.
Employers are asked to inform public entities when they terminate large numbers of workers as required by the federal Worker Adjustment and Retraining Notification Act (WARN) of 1988. There is some corporations plan their layoffs in waves to avoid reaching the reporting threshold rather than taking the public relations hit. Zimmer employs 1,600 workers at its headquarters in Warsaw, Indiana, and claims it will expand there, and it denies that it's skirting the law.
The markets for artificial implants have been reported by us in the past. Due to the large numbers of baby boomers retiring and aging, it is expected to do well going into the future. As a prediction, investment analysts think that Zimmer Holdings Inc. will keep up with the industry. Meanwhile, Zimmer faces the prospect of NexGen CR-Flex knee replacement lawsuits and a possible NexGen CR-Flex knee replacement recall. It's possible that the company is preparing for a recall by laying-off workers to conserve resources. Of course, we know how costly it is to recall and face lawsuits despite not knowing of any precedent. Like for example, in order to compensate for the DePuy hip replacement recall, Johnson & Johnson reserved one billion dollars. Zimmer might be planning the same

The Rottenstein Law Group encourages you to contact us at any time if you think you suffered an abnormal leg break from Fosamax. It may be useful to speak with one of our knowledgeable attorneys before visiting the doctor so that you can be advised on what questions to ask and which tests to request. Just remember that the sooner you visit a doctor, the sooner you can be tested and obtain the evidence you need to hold Merck accountable for your injuries.
RLG's lawyers have a total of more than 25 years of experience defending the rights of clients who have suffered harm due to the negligence of powerful corporations like Merck & Co



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