MANASQUAN, N.J., May 15, 2015 /PRNewswire/ -- Fair Rate Funding, a leader in TV mesh lawsuit funding, reports that Sanchez v. Boston Scientific (2:12-cv-05762), a bellwether pelvic mesh trial in Los Angeles, California, settled before jury deliberations. The information was announced by the Mesh Medical Device News Desk which stated a settlement was reached just prior to closing arguments being made by both plaintiff and defendants attorneys on Monday, May 11, 2015.
Transvaginal mesh, also known as TV mesh or pelvic mesh, are medical products typically used to treat pelvic organ prolapse (POP) or stress urinary incontinence (SUI). Literally tens of thousands of patients who were implanted with the product from different manufacturers suffered complications such as bleeding, pain, inability to have sex, and infection among others. Further, reports of the product "eroding" into other organs often requires a revision surgery as a remedy.
The Sanchez case involved the use of both a Pinnacle Pelvic Floor Repair Kit (used to treat pelvic organ prolapse (POP)) and the Advantage Transvaginal Mid-Urethral Sling System (to treat Stress Urinary Incontinence (SUI)). Sanchez claimed both products were defective in that neither were adequately tested and she was not adequately warned of the risks of use.
The defective product case began one week ago and represented the sixth trial facing the manufacturer of pelvic mesh implants. The Marlborough, Massachusetts-based company faces more than 25,000 mesh claims in total in U.S. federal and state courts. In September 2014, Martha Salazar was awarded $73 million against Boston Scientific which included $50 million in punitive damages.
"It is good to see these cases are finally getting resolved and the victims are receiving compensation, although it is unlikely any amount of money can adequately compensate these individuals," said Paul Coppola, President of Fair Rate Funding, a company which specializes in advancing cash to plaintiffs prior to settlement. "There is no doubt these are positive signs that the thousands of victims affected by defective pelvic mesh will ultimately be vindicated."
"We realize that many plaintiffs need financial help immediately. Our aim is to afford financial resources to deserving parties so they can wait out the legal process," Coppola continued. "The wait has been a long one, and for tens of thousands of injured women unfortunately, the wait continues."
Since learning of the problems caused by defective pelvic mesh, Fair Rate Funding has worked with thousands of plaintiffs in an effort to secure TV mesh lawsuit funding. These funds are used to help clients pay for ordinary expenses or whatever financial matters arise. There are absolutely no restrictions on the use of the money and no upfront costs to apply.
For more information on how Fair Rate Funding helps victims of Transvaginal Mesh with TV mesh lawsuit funding, visit http://www.fairratefunding.com/transvaginal-mesh-cases/sample-data-articles/transvaginal-mesh-cases.
By offering cash now to help pay for any type of expense such as car loans, rent and mortgage payments, utility payments, personal loans, and daily living expenses, Fair Rate Funding eases some of the financial stress these plaintiffs endure. There are no restrictions on the use of the funds.
Fair Rate Funding specializes in advancing cash now for plaintiffs who are involved in personal injury lawsuits including pelvic mesh. Sometimes referred to as settlement loans or lawsuit loans, settlement funding is NOT a loan transaction but a purchase of a portion of a future recovery. If the lawsuit is unsuccessful for any reason and no money is recovered, the lawsuit funding is not repaid. For answers to frequently asked TV mesh or pelvic mesh lawsuit funding questions, visit: http://www.fairratefunding.com/lawsuit-cash-advance.html
Fair Rate Funding stands ready to assist Trans Vaginal Mesh lawsuit plaintiffs with a TV mesh lawsuit funding, if they already retained an attorney. To learn more about obtaining TV mesh lawsuit funding on your TV Mesh lawsuit in general, visit: http://professionalsettlementfunding.com/transvaginal-mesh-cases/. For more information about TV mesh lawsuit funding as it pertains to Boston Scientific, visit: http://professionalsettlementfunding.com/boston_scientific/.
Fair Rate Funding works diligently to afford lawsuit funding to its applicants and has representatives standing by 24 hours a day, seven days a week to answer questions regarding the lawsuit funding process.
Fair Rate Funding's representatives are working around the clock to make sure each and every client gets the attention they need and to see them through to obtaining a cash advance. Fair Rate Funding is able to offer the lowest rates in the industry and makes the process as seamless as possible.
Fair Rate Funding lawsuit settlement funding programs are not a lawsuit loan or lawsuit loans although they are often referred to as such. A pre-settlement lawsuit cash advance is not a settlement loan or settlement loans because the advance is only repaid if the case is successful. Your attorney will repay your case funding or lawsuit advance ONLY if your case is won or settled.
Fair Rate Funding prides itself on providing the quickest approvals – as soon as 24 hours on most cases, the lowest monthly usage rates – as low as 2.5% per month, and the most attentive customer service in the lawsuit funding industry.
Fair Rate Funding also offers free case evaluations. If you are, at any time, not interested in pursuing lawsuit funding, there are no costs to you and absolutely no obligations.
For more information about lawsuit funding and other services from Fair Rate Funding, simply call a representatives at 888-964-2224 or visit us at http://fairratefunding.com.
The Mesh Medical Device News Desk can be found here.
SOURCE Fair Rate Funding