Navigation Links
DePuy Settlement News In Bellwether Case Concerns Plaintiffs Of The Hip Recall
Date:9/12/2012

LAS VEGAS, Sept. 12, 2012 /PRNewswire/ -- Legal-Bay, The Lawsuit Settlement Funding Company, announced today that their DePuy Hip Implant Recall clients are outraged at the Bloomberg Report that the first Bellwether cases in Nevada have been settled for only $200K each.  Many industry experts were pegging the case values at well north of $200K and potentially north of $500K.  However, the Bellwether trials were set to gauge what a jury would feel the damages would be – and usually that is a chance for the plaintiffs to be awarded numbers that are substantially higher than the actual real value. 

Legal-Bay reported that a Transvaginal Mesh Bellwether Lawsuit in Bakersfield, California awarded a plaintiff $5.5mm from a sympathetic jury.  However, the fact that the DePuy plaintiffs and the lawyers didn't go the trial route would normally signal a very high settlement figure.  If the DePuy and Johnson & Johnson Bloomberg report is accurate than that is the complete polar opposite of what industry experts expected, says Legal-Bay.  Legal-Bay has been an industry leader in lawsuit settlement funding –also referred to as lawsuit loans by plaintiffs- for both DePuy and Transvaginal Mesh Cases.  Legal-Bay has reported that they believe the value of these two separate cases are approximately $500K each, the DePuy settlement now casts serious doubts on that.    

"Our clients are unhappy that the plaintiffs would accept this type of low settlement amount when their hip injuries are worth substantially more.  Many of them have indicated that they would rather opt for trial than allowing DePuy to walk away paying so little by way of settlement," says Patty Kirby, Head of Client Relations at Legal-Bay.

Many industry experts are skeptical about the actual settlement amounts and await an official disclosure hearing from the courts in the near future.  Regardless, Legal-Bay believes that both the Transvaginal and DePuy Litigations will begin to settle in 2013.  Plaintiffs in need of lawsuit settlement funding, surgical expense funding, or an attorney referral for either the Transvaginal Mesh or DePuy litigation can contact Legal-Bay 24 hours a day at: lawsuitssettlementfunding.com or by phone at 877.571.0405. 

Contact:
Patty Kirby, Head of Client Relations
Email: info@legal-bay.com      


'/>"/>
SOURCE Legal-Bay
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. DePuy & Transvaginal Mesh Lawsuit Settlement Funding Leads Legal-Bay to Banner 2nd Quarter
2. Hagens Berman Sobol Shapiro LLP and Douglas & London P.C. Announce Proposed Class Action Settlement in Bayer Combination Aspirin Products Litigation
3. Law Office of Brodsky & Smith, LLC Announces Settlements of Yaz, and Yasmin Cases
4. RD Legal Funding Provides Immediate Settlement Financing to Growing Number of Yaz and Yasmin Plaintiffs
5. Johnson & Johnson Provides Notice Of Proposed Settlement Of Shareholder Derivative Actions, Final Settlement Hearing, And Right To Appear
6. Grant & Eisenhofer Represents Key Whistleblower in Justice Dept.s $1.04 Billion Civil Settlement with GlaxoSmithKline
7. GlaxoSmithKlines (GSK) $3 Billion Whistleblower Settlement Has Paid for One Of Americas Most Expensive Failed Corporate Internal Investigations, Qui Tam Whistleblowers Attorneys Say
8. Mylan Announces Settlement Agreement in Litigation Relating to its Generic Xopenex®
9. Watson Announces Lidoderm® Patent Challenge Settlement
10. Mylan Announces Settlement Agreement in Patent Infringement Litigation Relating to Sunovions Brovana® Product
11. Cardinal Health Brings Resolution to Litigation with DEA Settlement
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/10/2017)... , Aug. 10, 2017  Physical Rehabilitation Network (PRN), acquired ... Lakewood, Colorado . The reputable clinic will ... , PT, DPT with his staff of four clinicians. Lipkin ... Pittsburgh and brings over 10 years of experience with a ... Belmar PT marks the 10th PRN clinic in and around ...
(Date:8/7/2017)... 7, 2017 Diplomat Pharmacy, Inc. (NYSE: ... as president, effective Aug. 7, 2017. ... to pursue other interests and will serve as president emeritus ... has served us in multiple leadership roles since he joined ... 2015 and has provided decisive, strategic leadership which continues to ...
(Date:8/3/2017)... , Aug. 3, 2017  Opioid addiction and other ... up healthcare costs and threatening outcomes, were problems taken ... and IVD industry that support them, met this week. ... researcher said that drugs of abuse, procalcitonin and acute ... at the organization,s 69th meeting in San ...
Breaking Medicine Technology:
(Date:8/18/2017)... ... 19, 2017 , ... Mr. Noppadon Pakprot, Deputy Governor for ... Health and Wellness Tourism Showcase 2017 yesterday, which unveiled the latest “Functional & ... Products and Business at TAT said, “Thailand has long been recognized as a ...
(Date:8/18/2017)... ... ... ... For Immediate Release                Contact: Julian Teixeira, August ... Seek Sex and Relationship Advice from their Fathers , ...
(Date:8/18/2017)... New York, NY (PRWEB) , ... August 18, ... ... summer’s edition of “Vision & Hearing” campaign, advocating for active, healthy lifestyles and ... today’s resources available for individuals with hearing impairments and shares the latest innovations ...
(Date:8/18/2017)... ... August 18, 2017 , ... ... campaign, advocating for active, healthy lifestyles and highlighting the importance of proactive eye ... hearing impairments and shares the latest innovations in hearing aid technology. , ...
(Date:8/18/2017)... ... August 18, 2017 , ... The Dawn Johnson Insurance Group, a Missouri-based ... drive to generate community support for efforts to educate the local population on cancer ... all types of cancer. , Each day in America, roughly 4,600 new cases ...
Breaking Medicine News(10 mins):