SAN FRANCISCO, Nov. 19, 2014 /PRNewswire/ -- Legal-Bay LLC, The Lawsuit Settlement Funding Company, announced today an increase in capital and cash advance funding for victims who have suffered or are suffering because of possible complications due to Intuitive Surgical System's da Vinci Robot. The da Vinci machine is estimated to be used in almost 400K surgeries each year, and many patients have dealt with complications such as: lacerations to internal organs (including intestines), burns to internal organs and blood vessels, excessive bleeding, nerve damage, severe bowel injuries, punctured blood vessels or ureters, various vaginal injuries, and even death. These reported injuries, as well as others not listed, have ultimately led to inevitable lawsuits filed against Intuitive Surgical Inc. At this time, there is no guaranteed number of filed lawsuits, however, Intuitive Surgical Inc. reported in SEC 10-K filings that they have reserved $67MM to defend and settle some product liability claims regarding the robotic surgery. While global settlement discussions haven't been announced to date, according to industry experts it is anticipated that some cases - if settled - could reach up to $300-$500K depending on the seriousness of the injuries.
In December of 2013, the U.S. FDA issued a Class II recall to Intuitive Surgical Inc., recalling 1,386 devices which involve friction with the instrument arms that may cause them to stall and malfunction, potentially leading to patient injury. Additionally, the company issued two voluntary recalls of numerous parts to the intricate surgical robot, estimating almost 100K components and parts. Legal-Bay urges people who have been injured from a da Vinci robot to seek legal counsel immediately, and Legal-Bay stands ready to assist those who have dealt with complications, by providing either lawsuit funding services or finding a qualified da Vinci Robot law firm or lawyer.
Patty Kirby, COO and Head of Client Relations, commented on the company's consistent da Vinci funding amounts, "The da Vinci litigation in the mass tort litigation arena is one that we are closely monitoring and very active in. Our applications and capital have both increased due to a high demand from clients needing assistance with a potential da Vinci lawsuit claim. We stand ready to assist plaintiffs with getting funds today if they have a pending da Vinci lawsuit filing, or providing them assistance with receiving a free legal consultation from a qualified da Vinci lawyer in our network."
To obtain lawsuit funding, you need to have a lawyer retained. To learn more about Legal-Bay's da Vinci robot case services which include lawsuit funding, corrective surgical funding, and lawsuit help finding a da Vinci robot lawyer or da Vinci law firm, visit:
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 lawsuit funding process, visit: http://www.lawsuitssettlementfunding.com/funding-process.php
Legal-Bay advises any patients who have suffered complications from a da Vinci robot to contact a law firm immediately. Legal-Bay can assist you with obtaining a free legal consultation with a da Vinci robot Lawyer or da Vinci robot Law firm. You can inquire directly with us at: http://lawsuitssettlementfunding.com/contact-us.php
If you, or a loved one, have been injured by a da Vinci robot and need lawsuit help, including finding a da Vinci robot law firm, obtaining up to $30K in pre-settlement lawsuit funding, or obtaining revision surgical funding, call right now to speak to a live agent at 877.571.0405. You may also fill out a quick application online at: http://www.lawsuitssettlementfunding.com and an agent will contact you shortly.
Legal-Bay LLC (as well as their related companies) is not a law firm and cannot provide legal advice on your case, however, Legal-Bay works with lawyers involved in mass tort litigations who can provide you with a free legal consultation at the consumer's direction.
Contact: Patty Kirby, COO/Head of Client Relations
Ph. 877.571.0405 Email: [email protected]
SOURCE Legal-Bay LLC