Reuters is reporting that U.S. District Judge Ed Kinkeade of the Northern District of Texas has reduced a $360 million punitive damages award against Johnson & Johnson. A jury had awarded that amount, on top of $140 million in compensatory damages, in a case involving allegedly defective hip implants. Per the story, the judge has reduced the total award to $151 million, pursuant to a Texas statute limiting punitive damages. That total suggests the punitive damages were reduced to $11 million, but the story does not elaborate.