INDIANAPOLIS, Dec. 9, 2014 /PRNewswire/ -- Legal-Bay LLC, the Lawsuit Settlement Funding Company, announced today that they've increased funding amounts on all Zimmer Knee cases due to the increasing number of lawsuits that continue to be filed against Zimmer Inc., one of the leading manufacturers of knee implants in the marketplace. The knee implant devices were designed to increase range of motion and imitate natural knee function, but plaintiffs who have filed cases against Zimmer Inc. claim that the devices actually caused a range of complications such as: decreased range of motion, extreme pain, tissue and/or nerve damage, bone degradation or fractures, instability, infection, blood clots, and ultimate failure of device implant. Also, revision surgery was often required. The Zimmer NexGen Flex devices have been implanted in approximately 150K patients. There are currently over 1,000 filed lawsuits against Zimmer Inc. in state and federal courts throughout the U.S. and Legal-Bay expects this number to continue to rise as more and more patients notice product defects and complications. Federal lawsuits have been consolidated into multidistrict litigation (MDL) in the U.S. District Court in the North District of Illinois, with the first bellwether trial set to begin in 2015.
In 2010, the U.S. FDA issued a Class II recall to Zimmer Inc. over the NexGen Complete Knee Solution MIS Tibial Components, Locking Screw and Stem Extensions, affecting 68,383 devices that had already been implanted. Recalls were issued for various components of the NexGen knee mechanisms (the NexGen LPS femoral component, the NexGen LPS Flex gender femoral component, and the NexGen MIS tibial components). In addition to the FDA Class II recall, Zimmer Inc. made a voluntary recall regarding the NexGen MIS Tibial Component, because according to drug watch, "one of the pieces could loosen or fail because of shoddy manufacturing." The voluntary recall that was initiated affects 41,180 devices and includes eight sizes (1-8).
Patty Kirby, COO and Head of Client Relations, commented on the rise of lawsuits against Zimmer Inc., "Although this litigation is one that we have been involved with for the last couple of years, our investors and underwriters are now prepared to approve these cases at a greater rate and for substantially more cash advance value than in the past due to the rise of filings we are seeing in the courts."
Legal-Bay is able to provide up to $30K for plaintiffs who need a cash advance today to pay bills on their Zimmer Knee case. 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 Zimmer Knee lawsuit cash advance process visit: http://lawsuitssettlementfunding.com/zimmer-knee-lawsuit-loan.php
Legal-Bay is urging Zimmer NexGen Knee plaintiffs or family members who have had a loved one injured from their Zimmer Knee implant to contact a Zimmer Knee law firm or Zimmer Knee lawyer immediately if they believe they are suffering from possible defect symptoms. Legal-Bay works with nationally recognized Zimmer Knee attorneys and can assist you with obtaining a free legal consultation on your potential lawsuit claim. To request to speak with a Zimmer Knee 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 Zimmer Knee complication and/or would like to speak to with a Zimmer Knee 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.