Legal-Bay Lawsuit Settlement Funding to Increase Funding Amounts on Zimmer NexGen Knee Pre-Settlement Cases

INDIANAPOLIS, Oct. 20, 2014 /PRNewswire/ -- Legal-Bay LLC, the Lawsuit Settlement Funding Company, announced today that they are increasing their pre-settlement funding amounts on all Zimmer NexGen Knee cases based on the recent significant number of lawsuits filed against Zimmer Inc., one of the leading manufacturers of knee implants in the marketplace.

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Zimmer Inc. is currently facing over 1,000 lawsuits filed in state and federal courts throughout the U.S. along with FDA recalls in 2010 involving the popular product. Legal-Bay expects the number of lawsuits to continue to rise as more patients notice defects in their products as time goes on. The NexGen Flex devices have been implanted in approximately 150K patients and the recall is estimated to affect approximately 50K implants. Plaintiffs who have already filed Zimmer Knee lawsuits claim that the devices, which are meant to increase range of motion and imitate natural knee function, actually caused complications including extreme pain, decreased range of motion, tissue damage, nerve damage, bone degradation or fractures, instability, blood clots, infection, and ultimate failure of device implant. If a patient has severe issues, then revision surgery is typically recommended by their physician. Federal lawsuits have been consolidated into multidistrict litigation (MDL) in the U.S. District Court for the North District of Illinois, with the first bellwether trial set to begin in 2015.

Patty Kirby, COO and Head of Client Relations, commented on the recent increase in cash advance amounts for Zimmer NexGen knee cases, "The Zimmer NexGen litigation is one that we have been actively funding and kept abreast of over the last couple years. However, with 1,000 cases now in the court system and Bellwether trials set for 2015, our investors are now providing plaintiffs with increased funding amounts on cases with revisions. Although Zimmer continues to deny liability involving the FDA recalls, we believe these cases could see settlement values or average settlement amounts in the $150K range according to our experts close to the litigation."   

Legal-Bay is able to provide up to $30K for plaintiffs who need a cash advance today to pay bills on their Zimmer NexGen Knee litigation. 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 NexGen Knee lawsuit cash advance process visit: http://lawsuitssettlementfunding.com/funding-process.php

Legal-Bay is urging Zimmer NexGen Knee plaintiffs or family members who have had a loved one injured from their Zimmer NexGen 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 is in need of a lawsuit settlement funding due to a Zimmer NexGen Knee complication and/or would like to speak 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 free 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 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. 

SOURCE Legal-Bay LLC