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:4/19/2017)... -- New research provides evidence that an old drug may provide ... released today that will be presented at the American ... Boston , April 22 to 28, 2017. ... the oral drug levodopa has long been considered the gold ... disease progresses, the effects of the medication can partially wear ...
(Date:4/19/2017)... April 19, 2017  SARES•REGIS Group leased the ... developing at Conejo Spectrum Business Park in ... Atara Biotherapeutics, Inc. , a biopharmaceutical company developing ... diseases that have been underserved by scientific innovation, ... for cancer, autoimmune and infectious disease. ...
(Date:4/18/2017)... -- Cogentix Medical, Inc. (NASDAQ: CGNT), a global medical ... Gynecology markets with innovative and proprietary products, will release ... 2017 after the market close on Tuesday, May 2, ... conference call and webcast to discuss its financial results ... 4:30 p.m. Eastern Time (3:30 p.m. Central Time). ...
Breaking Medicine Technology:
(Date:4/25/2017)... ... ... Saad B. Chaudhary, MD is committed to providing the highest quality of spine care to ... preventative care with all my patients to alleviate possible future issues. I am pleased to ... my office and my trained staff will assist you in any way possible.” , Dr. ...
(Date:4/25/2017)... ... April 25, 2017 , ... Vetoquinol ... is introducing Flexadin UCII, part of the EQUISTRO line, at this week’s Rolex ... in horses at the immunologic level. , The scientifically-developed Flexadin UCII supports the ...
(Date:4/24/2017)... ... ... Michael Vick announced his retirement earlier this year from the NFL after thirteen ... in the 2001 NFL Draft, to the Atlanta Falcons, made four Pro Bowl appearances ... yards by a quarterback (6,109) and the most rushing yards by a quarterback in ...
(Date:4/24/2017)... ... April 24, 2017 , ... NEPC Director Kevin Welner has ... Research Award. The award honors scholars exemplary in their capacity to communicate important ... has demonstrated the capacity to deepen the public’s understanding and appreciation of the ...
(Date:4/24/2017)... (PRWEB) , ... April 24, 2017 , ... Sean Fay ... Oxiclean, Space Bag, Sonicare Toothbrush, Juiceman Juicer, and the George Foreman Grill (which sold ... any other marketer in the last 25 years. , Now, due to changes in ...
Breaking Medicine News(10 mins):