Legal-Bay Lawsuit Settlement Funding Reports Finalization of $2.5 Billion Estimate in DePuy ASR Hip Settlements

Pre-Settlement Case Funding Firm announces new program for plaintiffs who have opted-in to the settlement agreement with Johnson & Johnson Inc., as well as funding programs for Biomet, Stryker, and Wright hip litigations.

Jun 10, 2014, 05:00 ET from Legal-Bay LLC

CLEVELAND, June 10, 2014 /PRNewswire/ -- Legal-Bay LLC, The Lawsuit Settlement Funding Company, disclosed today a new lawsuit cash advance program for clients with potential settlements in DePuy Orthopaedics Inc. litigations. In a late 2013 press release by parent company Johnson & Johnson and DePuy executives, the company stated "The U.S. settlement is valued at approximately $2.5 billion, based on an estimate of 8,000 patients participating in the program". The estimated 8,000 patients who filed against DePuy were facing ASR™ XL Acetabular Hip System or ASR™ Hip Resurfacing System complications and experienced pain, inflammation, infection to surrounding internal areas and tissue, and Metallosis. J&J, as well as the plaintiff's attorneys, have now announced that enough clients have opted-in for the settlement and that the settlement payments will be processed in the next few months.

Logo - http://photos.prnewswire.com/prnh/20140609/116179

Patty Kirby, COO/Head of Client Relations commented on the news, "Although the ASR litigation in part is winding down, there still remains many DePuy ASR cases not in the settlement yet and there are Pinnacle Hip cases that we are still working on. Additionally, we are now providing refinancing opportunities with our new ASR program with exceptional rates for plaintiffs who need money before their settlement amount is received, regardless if they have an advance with another lawsuit funding company." 

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 lawsuit loan, lawsuit loans, pre-settlement loans, or a pre-settlement loan. To learn more about Legal Bay's hip funding programs, including DePuy ASR and Pinnacle hips visit:  http://lawsuitssettlementfunding.com/depuy-hip-recall-settlement-funding.php

Legal-Bay is also aggressively funding Stryker Rejuvenate and ABGII hips cases as well as Biomet and Wright Profemur cases. Stryker Hip cases are still pending in the courts, however many lawsuits have yet to be filed. Clients that have not filed a lawsuit should be aware that the period of filing a Stryker hip lawsuit is dwindling since the recall was announced almost two years ago. Legal-Bay is urging any possible victims of a Stryker hip defect to contact a Stryker lawyer or Stryker hip law firm immediately. Legal-Bay can assist you with obtaining a free Stryker legal consultation by filling out a request at:  http://lawsuitssettlementfunding.com/stryker-wright-hip-recall-settlement-funding.php

If you or a loved one is in need of lawsuit cash advance help due to injuries or complications from a DePuy, Stryker, Biomet or Wright Hip Replacement or need a free consultation from a metal-on-metal hip law firm, contact Legal-Bay on the company's 24 hour hotline at: 877.571.0405 where live free agents are available to assist you and answer any questions. You many also fill out an online application to receive a free evaluation on your case at: http://lawsuitssettlementfunding.com.

Contact: Patty Kirby, COO/Head of Client Relations  
             Ph. 877.571.0405 Email: info@legal-bay.com     

SOURCE Legal-Bay LLC



RELATED LINKS

http://lawsuitssettlementfunding.com