Welcome!

News Feed Item

Legal-Bay Lawsuit Settlement Funding Announce Settlements in Biomet Hip and NuvaRing Litigations

Lawsuit Funding Firm expects more settlements of mass tort litigations in 2014

INDIANAPOLIS, Feb. 11, 2014 /PRNewswire/-- Legal-Bay LLC, The Lawsuit Settlement Funding Company, announced today that both the Biomet metal-on-metal hip and NuvaRing birth control product have agreed to settlements in separate litigations in Indiana, New Jersey and Missouri courts.  Both settlements were a surprise to the Mass Tort Industry, as Merck & Co.'s NuvaRing and Biomet Inc. had both been strongly opposing the litigations.  The Biomet settlement amount is projected at $56MM, or an average settlement value per case of $200K.  The NuvaRing litigation was for a projected $100MM, with an average settlement amount to be somewhere in the $50K range based on extent of injuries. 

(Logo: http://photos.prnewswire.com/prnh/20140211/PH62416LOGO

The settlement news comes on the heels of The DePuy ASR Hip implant litigation settlement news in late 2013 for close to $4Bil., with an average settlement value of $250K per hip revision case.  Legal-Bay believes that 2014 will also see a major settlement in the Transvaginal mesh litigation as well as possibly another hip implant case, the Stryker Rejuvenate and ABG II recall hips.  The lawsuit funding firm which tracks each major litigation for its clients that need a lawsuit cash advance before receiving their settlement funds, believes 2014 could see the largest dollars paid out to plaintiffs in mass tort litigations in U.S. history.

To learn more about the Biomet and Stryker hip litigation and pre-settlement funding programs, log on to: http://lawsuitssettlementfunding.com/stryker-wright-hip-recall-settlement-funding.php    

Chris Janish, CEO of Legal-Bay commented on the settlement news, "It seems to some in the industry that Biomet and Nuvaring both got off rather light with the potential exposure they were facing.  However, as both litigations seemed to be an uphill battle for the plaintiffs, we feel the plaintiff's lawyers secured a fair and reasonable amount of money on behalf of their clients in both cases.  Our commitment to assisting Nuvaring and Biomet clients even during this uncertainty of a settlement shows our commitment to plaintiffs in need of financial assistance." 

To learn more about Nuvaring lawsuit cash advance funding log on to: http://lawsuitssettlementfunding.com/nuvaring-settlement-funding.php

Legal-Bay was one of the first legal funding companies to fund both Biomet and NuvaRing, and now the company will be increasing the funding amounts on both of these cases now that a potential settlement has been reached.   The lawsuit cash advance is not to be considered a lawsuit loan or lawsuit loans, as referred to by plaintiffs.  Plaintiffs in need of up to $30K in pre-settlement cash advance can apply to Legal-Bay.com directly at: http://lawsuitssettlementfunding.com ; or by calling the company's toll free hotline at: 877.571.0405. 

In the event that you have been injured by a metal-on-metal hip implant, transvaginal mesh product, or a birth control product such as Yaz, Yasmin, NuvaRing, Ocella, or Mirena and have not obtained a lawyer yet; Legal-Bay urges you to do so in order to collect on the settlement amounts announced.  The time to file a lawsuit in many of these litigations is limited.  If you need assistance obtaining a free legal consultation from a hip law firm, Nuvaring lawyer, or transvaginal mesh attorney feel free to contact Legal-Bay.com at: http://lawsuitssettlementfunding.com/contact-us.php or by calling the company's toll free hotline at: 877.571.0405 where live agents are available to answer any questions about your potential case. 

SOURCE Legal-Bay LLC

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls? In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, will provide tips on how to be successful in large scale machine lear...
SYS-CON Events announced today that Stratoscale, the software company developing the next generation data center operating system, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Stratoscale is revolutionizing the data center with a zero-to-cloud-in-minutes solution. With Stratoscale’s hardware-agnostic, Software Defined Data Center (SDDC) solution to store everything, run anything and scale everywhere...
Digital payments using wearable devices such as smart watches, fitness trackers, and payment wristbands are an increasing area of focus for industry participants, and consumer acceptance from early trials and deployments has encouraged some of the biggest names in technology and banking to continue their push to drive growth in this nascent market. Wearable payment systems may utilize near field communication (NFC), radio frequency identification (RFID), or quick response (QR) codes and barcodes...
Angular 2 is a complete re-write of the popular framework AngularJS. Programming in Angular 2 is greatly simplified – now it's a component-based well-performing framework. This immersive one-day workshop at 18th Cloud Expo, led by Yakov Fain, a Java Champion and a co-founder of the IT consultancy Farata Systems and the product company SuranceBay, will provide you with everything you wanted to know about Angular 2.
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
Unless you don’t use the internet, don’t live in California, or haven’t been paying attention to the recent news… you should be aware that self-driving cars are on their way to becoming a reality. I have seen them – they are real. If you believe in the future reality of self-driving cars, then continue reading on. If you don’t believe in the future possibilities, then I am not sure what to do to convince you other than discuss the very real changes that will roll out with the consumer producti...
SYS-CON Events announced today that Men & Mice, the leading global provider of DNS, DHCP and IP address management overlay solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. The Men & Mice Suite overlay solution is already known for its powerful application in heterogeneous operating environments, enabling enterprises to scale without fuss. Building on a solid range of diverse platform support,...
SYS-CON Events announced today that Peak 10, Inc., a national IT infrastructure and cloud services provider, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Peak 10 provides reliable, tailored data center and network services, cloud and managed services. Its solutions are designed to scale and adapt to customers’ changing business needs, enabling them to lower costs, improve performance and focus inter...
You deployed your app with the Bluemix PaaS and it's gaining some serious traction, so it's time to make some tweaks. Did you design your application in a way that it can scale in the cloud? Were you even thinking about the cloud when you built the app? If not, chances are your app is going to break. Check out this webcast to learn various techniques for designing applications that will scale successfully in Bluemix, for the confidence you need to take your apps to the next level and beyond.
In his session at @ThingsExpo, Chris Klein, CEO and Co-founder of Rachio, will discuss next generation communities that are using IoT to create more sustainable, intelligent communities. One example is Sterling Ranch, a 10,000 home development that – with the help of Siemens – will integrate IoT technology into the community to provide residents with energy and water savings as well as intelligent security. Everything from stop lights to sprinkler systems to building infrastructures will run ef...
In the world of DevOps there are ‘known good practices’ – aka ‘patterns’ – and ‘known bad practices’ – aka ‘anti-patterns.' Many of these patterns and anti-patterns have been developed from real world experience, especially by the early adopters of DevOps theory; but many are more feasible in theory than in practice, especially for more recent entrants to the DevOps scene. In this power panel at @DevOpsSummit at 18th Cloud Expo, moderated by DevOps Conference Chair Andi Mann, panelists will dis...
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
See storage differently! Storage performance problems have only gotten worse and harder to solve as applications have become largely virtualized and moved to a cloud-based infrastructure. Storage performance in a virtualized environment is not just about IOPS, it is about how well that potential performance is guaranteed to individual VMs for these apps as the number of VMs keep going up real time. In his session at 18th Cloud Expo, Dhiraj Sehgal, in product and marketing at Tintri, will discu...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
As the rapid adoption of containers continues, companies are finding that they lack the operational tools to understand the behavior of applications deployed in these containers, and how to identify issues in their application infrastructure. For example, how are multiple containers within an application impacting each other’s performance? If an application’s service is degraded, which container is to blame? In the case of an application outage, what was the root cause of the outage?