NEW YORK, May 29, 2013 /PRNewswire/ -- Legal-Bay, The Lawsuit Settlement Funding Company, announced today that they have seen a large influx of Stryker Hip Recall Plaintiffs needing pre-settlement funding now that their cases have been filed. Legal-Bay is a plaintiff advocate firm that assists mass tort clients with various services, including lawsuit cash advances, surgical funding's, and attorney referrals. Legal-Bay has been a major funding source for the DePuy Hip implant recall litigation – and they now believe the Stryker Hip implant recall will follow the same course of action now that the company has voluntarily recalled the ABG II and Rejuvenate hips.
"We are in the position of beginning to speak with our investor groups to raise substantial capital to assist a large number of Stryker victims now that the litigation is starting to pick up steam. However, we are dealing with a lot of clients who are uncertain if they even have a case and still need to find a suitable law firm to assist them. Our dedicated staff is ready to handle the large volume of Stryker clients that are starting to come in, whether it be for lawsuit settlement funding or to refer them to one of Stryker hip lawyers in our network," said Chris Janish, CEO of Legal-Bay.
Legal-Bay has ample capital to begin funding Stryker Rejuvenate and ABG II clients for cash advances up to $50K in some cases; however the firm expects to make an announcement in the upcoming weeks as they anticipate expanding their capital needs for their Stryker clients.
The Stryker recall is similar to the DePuy ASR recall in that both companies made the hip recalls voluntarily, however many industry experts believe that the failure rate on the Stryker ABG II and Rejuvenate could be significantly higher. This could lead to both higher average Stryker settlement amounts and possibly a quicker resolution to the litigation in comparison to the DePuy hip litigation – which seems to be dragging on now that DePuy has won a major verdict in one of their key bellwether trials. The DePuy Pinnacle Hip Recall has not happened yet, and may never; however many clients that have experience issues can still file a claim if they have not retained a DePuy Pinnacle lawyer.
If you or a loved one has suffered from any metal-on-metal hip implants, or an ABG II or Rejuvenate Stryker hip implant and need pre-settlement funding to assist you until your settlement; or if you need to speak with a Stryker Hip lawyer in Legal-Bay's network, feel free to apply to Legal-Bay online at: lawsuitssettlementfunding.com. If you prefer to speak with a live person confidentially about your case, you may call Legal-Bay toll free at 877.571.0405 where experienced Stryker hip recall representatives are available 24 hours a day to take your call. (Legal-Bay offers free consultation for any services that they provide or refer to other professional firms.)
SOURCE Legal-Bay LLC