Parker Waichman LLP Supports Legal Action Against TPG for Concealing Orthopedic Device Defects

Parker Waichman LLP Backs Exactech Trustee in Delaware Legal Findings



Parker Waichman LLP, a prominent plaintiffs' law firm based in Port Washington, New York, is lending its unwavering support to a newly filed lawsuit by the Exactech Litigation Trust. The suit, lodged on February 5, 2026, in Delaware's Court of Chancery, primarily targets the private equity firm TPG Inc. The complaint alleges serious wrongdoing related to various orthopedic implants manufactured by Exactech, which have reportedly caused harm to numerous patients.

According to the allegations, TPG, along with other entities, played a central role in concealing known defects of Exactech's orthopedic devices—specifically knee, hip, and ankle implants—while deliberately postponing necessary recalls. This strategic delay and the subsequent filing for Chapter 11 bankruptcy appear to be efforts aimed at limiting their liability for a burgeoning wave of injury claims from affected patients.

With thousands of patients now regarded as unsecured creditors in the ongoing Exactech bankruptcy proceedings, the repercussions of these alleged actions have been severe. Many of these patients are grappling with both significant medical and financial difficulties that arose from the recalled devices, which have caused a range of complications requiring critical revision surgeries.

The suit outlines how TPG's majority control over Exactech impacted the company's governance structure, prioritizing their interests over the safety of the patients who depended on these orthopedic devices. As Jason Goldstein, Senior Litigation Counsel at Parker Waichman LLP, aptly states, “The Trustee’s complaint aligns with the long-held grievances of harmed patients, indicating that corporate decisions resulted in delayed recalls, exacerbating the injuries suffered by users.”

The legal action seeks to hold TPG accountable and recover value that should benefit the creditors, many of whom are patients enduring the repercussions of using defective products. Some have had to undergo multiple painful revision surgeries and continue to cope with life-altering injuries. Parker Waichman stands firmly alongside the Trustee, advocating that TPG operated essentially as an alter ego of Exactech, manipulating pivotal operational, regulatory, and litigation decisions.

The firm reiterates the need for a thorough examination of these claims to ensure fairness for the unsecured creditors affected by the deficient medical devices. Their commitment to advocating for the rights of Exactech implant recipients will remain steadfast as the bankruptcy process unfolds, alongside related legal proceedings.

For those impacted by the defective Exactech devices, Parker Waichman LLP is offering free case reviews to understand their rights and explore potential legal claims. If you or a loved one has had an Exactech device implanted and experienced any adverse effects, reaching out to Parker Waichman may provide vital assistance.

To learn more about your legal options, call 1-800-YOUR-LAWYER (1-800-968-7529) or visit YourLawyer.com. They are dedicated to fighting for the rights of injured individuals and holding corporations accountable for their negligence.

About Parker Waichman LLP


Founded with a commitment to protecting victims of corporate malpractice, Parker Waichman LLP is a nationally recognized law firm dedicated to securing justice for those harmed by defective products, dangerous drugs, and other forms of corporate negligence. With an exemplary track record, they have achieved billions in settlements and verdicts, making significant strides toward ensuring accountability in the business practices of multinational corporations.

For more information, media inquiries can be directed to Jason Goldstein at 516-466-6500 or via email at [email protected]

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