CHARLESTON, W.Va., Sept. 25, 2013 /PRNewswire/ -- Legal-Bay LLC, The Lawsuit Settlement Funding Firm, believes a reported recent settlement involving a C.R. Bard vaginal mesh product could be the start of a wave of settlements between the major mesh makers and the tens of thousands of mesh plaintiffs and transvaginal mesh law firms.
C.R. Bard and Johnson & Johnson's, Gynecare Ethicon Division, of New Jersey, have both seen major loses at trial resulting in multi-million dollar awards, the most recent one in West Virginia, in which Bard was hit with a $2mm loss. This federal trial loss is believed to have precipitated the need to begin settling other cases. C.R. Bard also lost a jury trial in California (CA), earlier this year for multi-millions.
Chris Janish, CEO of Legal-Bay commented on the overall transvaginal mesh litigation, "This litigation is like no other whereas there are estimated 100K plaintiffs filing suits in 6 different MDL's, against various manufacturers. The early jury verdicts have shown major losses by the defendants, and it would seem the recent Bard settlement may indicate a willingness by at least one mesh maker to begin resolving their portion of the suits." Legal-Bay believes due to the complexity of the trans vaginal litigation that some of the plaintiffs may not see any settlement funds for a couple more years.
Legal-Bay has been providing non-recourse lawsuit loans up to $50K for women transvaginal mesh victims who cannot wait until their settlement checks are received. The lawsuit cash advance, or pre-settlement funding, is on a risk free basis whereas the plaintiff only needs to repay the funds if the case is ultimately successful. Legal-Bay's transvaginal mesh funding program does not require credit checks or monthly payments like a credit card. For more information you can log onto Legal-Bay's dedicated transvaginal mesh website page: http://lawsuitssettlementfunding.com/mesh-cases.php.
Due to the numerous side effects to each specific client it is difficult to gauge the average settlement value or settlement amounts for transvaginal mesh cases. However, clients involved in any of the cases listed below, could see settlement values in the neighborhood of $500K: The list is comprised of Ethicon, Inc., Pelvic Repair Systems Products Liability Litigation, MDL No. 2327; In Re: American Medical Systems, Inc., Pelvic Repair Systems Products Liability Litigation, MDL No. 2325; In Re: C.R. Bard, Inc., Pelvic Repair Systems Products Liability Litigation, MDL No. 2187; In Re: Boston Scientific Corp., Pelvic Repair Systems Products Liability Litigation, MDL No. 2326; In Re: Coloplast Corp., Pelvic Support Systems Products Liability Litigation, MDL No. 2387; and In Re Cook Medical, Inc., Pelvic Repair System Products Liability Litigation, MDL No. 2440.
If you or a spouse has been injured due to defective vaginal mesh or bladder sling product and need lawsuit cash today, feel free to apply to Legal-Bay to: http://lawsuitssettlementfunding.com or by calling the national transvaginal mesh hotline at: 877.571.0405.
Patty Kirby, Head of Client Relations
Ph. 877.571.0405 Email: firstname.lastname@example.org