Nobel Biocare To Pay Up To $1.3M To Settle Dental Implant Suit

By Juan Carlos Rodriguez (April 16, 2013, 5:47 PM EDT) -- Nobel Biocare Holding AG reached a deal Monday in which it will pay up to $1.3 million to settle a $450 million lawsuit by dentists who accused it of misrepresenting a dental implant they said caused bone and gum problems.

In a motion to approve the preliminary settlement agreement, dentist Jason M. Yamada, who had filed the suit on behalf of thousands of fellow dentists, said the deal was fair to all sides and resolved all remaining classwide claims under California's Unfair Competition Law.

"It was at all times a hard-fought litigation between highly experienced counsel who all specialize in class...

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