LOS ANGELES, Dec. 12, 2014 /PRNewswire/ -- Legal-Bay LLC, the Lawsuit Settlement Funding Company, restated today that they've increased their pre-settlement and settlement funding amounts on all Pradaxa cases, especially after the recent $650 million settlement by Boehringer Ingelheim over their blood thinner. The settlement was reached on approximately 4,000 cases filed in state and federal courts over the blood thinner, Pradaxa, which may cause bleeding events to occur which cannot be controlled and may even be fatal at times. The Federal Pradaxa lawsuits were consolidated into multidistrict litigation in the U.S. District Court for the Southern District of Illinois under Judge David R. Herndon in August of 2012. However, according to legal reports, other consolidated state proceedings also took place in California, Connecticut, Delaware, and Missouri. Despite agreeing to the settlement, Boehringer Ingelheim denied any misconduct or unlawful activity, stating that they believed the settlement allows their company "to avoid the distraction and uncertainty of protracted litigation over years and years."
Due to the high settlement amounts, Legal-Bay believes plaintiffs will not receive funds in some cases until mid-2015 or later. Legal-Bay is once again announcing that they are able to provide up to $250K for plaintiffs who need a cash advance today to pay bills on their Pradaxa litigation. The lawsuit cash advance can be approved within 48 hours and funded directly to the plaintiff. The lawsuit cash advance can be used for any personal expenses whatsoever, including holiday shopping, and will only be paid back with accrued fees once the settlement check is received by the plaintiff's law office.
Patty Kirby, COO and Head of Client Relations, commented on the company's unwavering dedication on both blood thinner medications Pradaxa and Xarelto, "The seriousness of these drugs is evident in the average settlement amount in the Pradaxa litigation which is in the $150K range. Unfortunately, many of the clients will not get their funds for quite some time. We stand ready to assist Pradaxa and Xarelto plaintiffs with needed lawsuit pre-settlement money to help get them through until they receive their ultimate settlement check."
Legal-Bay's programs are non-recourse lawsuit cash advances, also known as case funding. None of the programs should be considered to be a settlement loan, settlement loans, lawsuit loan, lawsuit loans, pre-settlement loans, or a pre-settlement loan. To learn more about Legal Bay's Pradaxa lawsuit cash advance programs visit: http://lawsuitssettlementfunding.com/pradaxa-settlement-funding.php
Legal-Bay is urging users of Pradaxa and Xarelto or family members who have had a loved one injured or deceased from their use of Pradaxa or Xarelto to contact a Pradaxa or Xarelto law firm immediately. Legal-Bay works with nationally recognized Pradaxa and Xarelto lawyers and attorneys who can assist you with obtaining a free legal consultation on your potential lawsuit claim. To request to speak with a blood thinner case lawyer contact Legal-Bay at: http://lawsuitssettlementfunding.com/contact-us.php
If you, or a loved one, are in need of lawsuit settlement funding due to a Pradaxa or Xarelto complication and/or would like to speak with a Pradaxa or Xarelto lawyer or law firm, feel free to contact Legal-Bay on the company's 24-hour hotline at: 877.571.0405 where live agents are available to assist you and answer any questions you may have. You may also fill out an online application to receive a free evaluation on your case at: http://lawsuitssettlementfunding.com
Legal-Bay LLC (as well as their related companies) is not a law firm and cannot provide legal advice on a consumer's case, however, Legal-Bay works with lawyers involved in mass tort litigations who can provide a free legal consultation at the consumer's direction.
Patty Kirby, COO/Head of Client Relations
Ph. 877.571.0405 Email: firstname.lastname@example.org
SOURCE Legal-Bay LLC