MANASQUAN, N.J., April 29, 2015 /PRNewswire/ -- Judge Anita B. Brody has approved a groundbreaking NFL lawsuit to settle concussion-related cases, announced NFL lawsuit funding company Fair Rate Funding. The lawsuits first hit the NFL in 2013, with more than 4,500 ex-players suing the league for failure to protect them adequately against concussions and head injuries. Some players suffer from dementia, depression or Alzheimer's and blamed the conditions on continuous blows to the head. The case is: In re National Football Players' Concussion Injury Litigation, 12-md-02323, U.S. District Court, Eastern District of Pennsylvania (Philadelphia).
The original settlement of $765 million was rejected by a federal judge, claiming the figure would not be enough to care for more than 20,000 retired players. Judge Brody says the revised deal is "more favorable" to the players.
Under the new terms, the NFL claims all retired players, not only the named plaintiffs, will be covered. Details about player benefits under the revised deal will be available as soon as this summer if no appeals to the court decision are filed. However, if appeals are filed, benefits could be delayed by months or even years.
This lawsuit settlement news prompted Fair Rate Funding, a NFL lawsuit funding firm, to assure former NFL players who have suffered complications or a neurological disorder due to a concussion that financial help is available.
Fair Rate Funding (www.fairratefunding.com) understands NFL plaintiffs may not be able to wait to receive their money. The NFL lawsuit funding company works with individuals and companies who require financial assistance and can help those affected by the NFL settlement. For more, visit: http://professionalsettlementfunding.com/nfl-lawsuit-funding-from-fair-rate-funding/
"The court's approval of the NFL concussion settlement is terrific news, however there's still a concern because of the potential appeals that could follow," says Paul Coppola, Fair Rate Funding President. "With thousands of players eligible to appeal, the possibility of a delay in settlement payments is all too real and could affect retired players and their families. We see this as an opportunity to provide a solution to those NFL players who do not have the financial means to wait out the process."
Fair Rate Funding works diligently to afford NFL lawsuit funding to ex-NFL players and has representatives standing by 24 hours a day, seven days a week to answer questions regarding the lawsuit funding process. Visit www.fairratefunding.com/lawsuit-funding-legal.html to see how to apply for funding.
Fair Rate Funding's representatives are working around the clock to make sure each and every client gets the attention they need and to see them through to obtaining a cash advance. Fair Rate Funding is able to offer the lowest NFL lawsuit funding rates in the industry and makes the process as seamless as possible.
Fair Rate Funding lawsuit settlement funding programs are not a lawsuit loan or lawsuit loans although they are often referred to as such. A pre-settlement lawsuit cash advance is not a settlement loan or settlement loans because the advance is only repaid if the case is successful. Your attorney will repay your case funding or lawsuit advance ONLY if your case is won or settled.
Fair Rate Funding prides itself on providing the quickest approvals – as soon as 24 hours on most cases, the lowest monthly usage rates – as low as 2.5% per month, and the most attentive customer service in the lawsuit funding industry.
Fair Rate Funding also offers free case evaluations. If you are, at any time, not interested in pursuing NFL lawsuit funding, there are no costs to you and absolutely no obligations.
For more information about lawsuit funding and other services from Fair Rate Funding, simply call a representative at 888-964-2224 or visit us at www.professionalsettlementfunding.com.
SOURCE Fair Rate Funding