Orthopedics giant Stryker (NYSE:SYK) is on the hook for a $2 million payment to its insurance company after a court ruled this week that the insurer is entitled to recoup the deductible.
Stryker (NYSE:SYK) won’t be recouping from 1 insurer the more than $7.6 million it paid out to settle product liability lawsuits filed over its Duracon Uni-Knee implants, a federal judge ruled last month.
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