Xarelto Bleeding Lawsuit Judge Orders the Selection of Cases for Discovery, Reports Xarelto Lawsuit Funding Firm, Fair Rate Funding.
MANASQUAN, N.J., May 11, 2015 /PRNewswire/ -- Fair Rate Funding, a leader in Xarelto lawsuit funding nationwide, reports that a number of Xarelto bleeding lawsuits are to be selected for case-specific discovery by Order of the US District Court. In an Order, dated May 4th, 2015, Judge Fallon, of the Eastern District of Louisiana, directed 40 to 60 cases be designated for specific discovery. Judge Fallon's Order also sets forth deadlines for other discovery matters and can be found here.
Xarelto (RIVAROXABAN) is a drug manufactured and marketed by Bayer HealthCare and Johnson & Johnson's Janssen Pharmaceuticals. The product is a "blood thinner" (anticoagulant) commonly prescribed to treat such conditions as atrial fibrillation and deep vein thrombosis in surgical patients.
Bayer and Johnson & Johnson's Janssen Pharmaceuticals, Inc. currently face Xarelto lawsuits alleging the drug is dangerous and defective. Plaintiffs assert that vitamin K can reverse the blood thinning effects of traditional anticoagulants such as warfarin or Coumadin. Because there is no such antidote available for Xarelto, lawyers claim that in an emergency, there is no means to stop bleeding once it starts. Xarelto lawyers allege serious injuries and even death from use of the drug.
Currently, there are over 400 lawsuits filed against Bayer and Janssen Pharmaceuticals. All of these cases involve similar allegations that the drug makers failed to adequately warn about the potential side effects of Xarelto.
Because of the large number of plaintiffs, the Xarelto bleeding lawsuits are designated as a Multi-District Litigation (MDL) and consolidated before U.S. District Judge Eldon Fallon in the Eastern District of Louisiana. MDL's are designed to reduce administrative strains on the litigants, avoid duplicative discovery on common issues affecting many cases, and avoid conflicting pretrial rulings by different judges.
"We are glad to see the litigation progress through the system," commented Paul M. Coppola, President of Xarelto lawsuit funding firm, Fair Rate Funding. "Since learning of the problems caused by Xarelto, we have put systems in place to help these victims.
Lawsuit funding is an advance on the future proceeds of a lawsuit. Xarelto lawsuit funding works with plaintiffs involved in the Xarelto lawsuit to pay for ordinary living expenses or whatever financial matters arise. In fact, there are absolutely no restrictions on the money advanced and no upfront costs to apply.
For more information on how Fair Rate Funding helps plaintiffs in the Xarelto lawsuit with Xarelto lawsuit funding, visit http://professionalsettlementfunding.com/pharmaceutical-drug-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 the financial stress some of 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 Xarelto bleeding lawsuits. 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 Xarelto lawsuit funding questions, visit: http://www.fairratefunding.com/lawsuit-cash-advance.html
Fair Rate Funding stands ready to assist Xarelto bleeding lawsuit victims with Xarelto bleeding lawsuit funding, if they already retained an attorney. To learn more about obtaining Xarelto bleeding lawsuit funding on your Xarelto bleeding lawsuit in general, visit: http://professionalsettlementfunding.com/xarelto-lawsuit-funding/.
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.
SOURCE Fair Rate Funding
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