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Legal-Bay Lawsuit Settlement Funding To Increase Cash Advances for da Vinci Robot Cases and da Vinci Surgical System Cases

Settlement Funding Firm raises additional capital commitment from institutional investors to assist victims of ongoing da Vinci bad robot malpractice surgeries.


News provided by

Legal-Bay LLC

Jul 15, 2014, 05:00 ET

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SAN FRANCISCO, July 15, 2014 /PRNewswire/ -- Legal-Bay LLC, The Lawsuit Settlement Funding Company, announced today an increase in funding amounts to greater assist claimants with lawsuit cash advances, in order to help provide them with money to pay bills throughout the duration of their ongoing litigation with Intuitive Surgical System's Inc. In 2013, an FDA recall was issued against Intuitive Surgical Inc., the parent company of da Vinci's Surgical Systems. The Class II recall involved 1,386 malfunctioning parts and devices amongst the da Vinci Robot that was at fault for medical complications. Injuries such as: lacerations to internal organs, burns to organs and blood vessels, excessive bleeding, nerve damage, severe bowel injuries, punctured blood vessels, and even death have been the subject of thousands of lawsuits being filed against Intuitive Surgical Inc.

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Legal-Bay LLC Logo (PRNewsFoto/Legal-Bay LLC) (PRNewsFoto/Legal-Bay LLC)
Legal-Bay LLC Logo (PRNewsFoto/Legal-Bay LLC) (PRNewsFoto/Legal-Bay LLC)

Logo - http://photos.prnewswire.com/prnh/20140714/126845

On April 8th 2014 Intuitive Surgical Inc. announced a pre-tax expense of $67 million, for litigation costs involving claims against their da Vinci Robot, its malfunctioning Monopolar Curved Scissors (MCS), and MCS tips. With 400k surgeries performed per year with these products, Legal-Bay is continuing to avidly assist victims in order to provide them with lawsuit cash advances and guidance in their da Vinci litigations.

Patty Kirby, COO of Legal-Bay commented on today's announcement, "We believe that the da Vinci cases represent the potential for a very large class of plaintiffs and victims who need money as this litigation drags on through the courts. We are hearing that da Vinci is offering to settle some cases early, but the majority of larger cases will remain unsettled for the foreseeable future. Our investors have made a larger commitment to getting victims more money on their da Vinci cases from now until their ultimate settlement." 

To learn more about Legal-Bay's da Vinci Robot cases including: da Vinci Robot lawsuit funding, surgical funding, and lawsuit help finding a da Vinci Robot lawyer or da Vinci law firm visit:
http://lawsuitssettlementfunding.com/da-vinci-robot-cases.php

All of 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 how Legal Bay's funding process works on da Vinci Robot Cases visit: http://lawsuitssettlementfunding.com/funding-process.php

If you are currently involved in a drawn out da Vinci litigation lawsuit and need financial assistance until you receive your final award, you may apply for a free case evaluation by calling Legal-Bay's toll free hotline at: 877.571.0405 or by filling out an online application at: http://lawsuitssettlementfunding.com. Legal-Bay is also assisting potential victims of da Vinci hospital malpractice accidents to obtain free legal consultations if they have not contacted a lawyer yet, feel free to contact Legal-Bay at the above phone or website. For patients in need of funds, you must have a lawyer retained first. 

Contact:

Patty Kirby, COO/Head of Client Relations


Ph. 877.571.0405 Email: [email protected]

SOURCE Legal-Bay LLC

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