NEW YORK, May 16, 2013 /PRNewswire/ -- Legal-Bay LLC, the Lawsuit Settlement Funding Company, has issued an update on two major hip implant litigations in the mass tort market. And the results are completely different.
Legal-Bay believes the Stryker hip litigation on the ABG II and the Rejuvenate which have been already recalled by the company will see a smoother road for plaintiffs looking for a settlement in the not so distant future. However, plaintiffs or victims of the "metal on metal" Pinnacle DePuy could be in for a longer fight, says Legal-Bay.
Legal-Bay is a plaintiff advocate firm for mass tort cases, and is in the process of launching an affiliated Mass Tort Help Website. Legal-Bay has been actively providing pre-settlement lawsuit funding to all victims of hip recall cases or metal on metal cases, including Zimmer, DePuy ASR and Pinnacle, Stryker, Biomet, and also Wright hips. Legal-Bay has provided needy plaintiffs up to $50K for living needs prior to their cases settling. However, in one case, Legal-Bay has offered $250K to a plaintiff who won a large jury award in Los Angeles, CA.
Legal-Bay has not only been active funding hip cases, but has also provided plaintiffs with referrals to law firms to ascertain if they have a hip lawsuit claim. "We remain in touch with many experts close to these various hip litigations, and it seems that Johnson & Johnson is taking a hard line on the Pinnacle Hip plaintiffs even though the "metal on metal" components are very similar to the ASR Model. We are being told that the DePuy Pinnacle litigation could drag out for many years, at least until the ASR litigation winds down. However, in contrast, the Stryker voluntary recall sett
|SOURCE Legal-Bay LLC|
Copyright©2012 PR Newswire.
All rights reserved