Legal Opinion
Plumbers & Pipefitters Local Union 719 Pension Fund v. Zimmer Holdings, Inc.
Court of Appeals for the Seventh Circuit
Decided May 21, 2012No. 11-1471PublishedCited by 19 opinions
1Opinion of the Court
EASTERBROOK, Chief Judge.
Two pension funds that own shares of Zimmer Holdings, Inc., charge it with defrauding its investors by downplaying the significance of difficulties it was having manufacturing some of its products and the high failure rate one surgeon reported for another of its products.
Zimmer designs and makes orthopaedic reconstructive devices (and related products) that it sells throughout the world. One of its products is the Durom® Acetabular Component (the Durom Cup), which is used to replace the socket in a hip joint. One side of the Durom Cup is a porous ceramic designed to…
2Cases cited4 opinions
- Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
- Matrixx Initiatives, Inc. v. SiracusanoSupreme Court of the United States · 2011
- Bronston v. United StatesSupreme Court of the United States · 1973
- Plumbers & Pipefitters Local Union 719 Pension Fund v. Zimmer Holdings, Inc.District Court, S.D. Indiana · 2009
3Cited by19 opinions
- Anderson v. Spirit AeroSystems Holdings, Inc.Court of Appeals for the Tenth Circuit · 2016
- Appvion, Inc. Retirement Savings and Employee Stoc v. Douglas ButhCourt of Appeals for the Seventh Circuit · 2024
- Securities & Exchange Commission v. GoldstoneDistrict Court, D. New Mexico · 2013
- Van Noppen v. Innerworkings, Inc.District Court, N.D. Illinois · 2015
- Shah v. Zimmer Biomet Holdings, Inc.District Court, N.D. Indiana · 2018
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