|By PR Newswire||
|September 2, 2014 05:00 AM EDT||
SACRAMENTO, Calif., Sept. 2, 2014 /PRNewswire/ -- Legal-Bay LLC, The Lawsuit Settlement Funding Company, announced today an increase in capital and cash advance funding for victims who suffer from complications with Intuitive Surgical System's da Vinci Robot. With over 400k surgeries performed per year using the recalled product, Legal-Bay focuses on providing lawsuit cash advances for victims with injuries such as: severe bowel injuries, nerve damage, lacerations to internal organs, burns to blood vessels or organs, and even death due to malfunctioning parts on the Robot. These complications were the core of thousands of cases being filed against Intuitive Surgical Inc. Legal-Bay prides itself on being a leader in mass tort pre-settlement funding, as well as assisting patients and possible victims of the da Vinci Robot who are in need of free legal consultations and legal guidance.
Injuries and claims due to malfunctioning parts of the Robot, the Monopolar Curved Scissors (MCS) and MCS tips, caused Intuitive Surgical Inc. to announce a pre-tax expense of $67 million in 2014 for claims against the da Vinci Robot. Legal-Bay's contacts have indicated that some cases are in discussion for settling privately, while others are expected to be filed in State and Federal Courts throughout the U.S. The litigation is expected to continue and potentially rise in cases being filed, based on more public awareness of serious injuries being reported. However, there is no credible information on what type of settlement amount or settlement values a da Vinci case could be worth, especially since Intuitive continues to fight the litigation at this time. However, industry experts believe some serious injuries could see settlement values as high as $500K.
To learn more about Legal-Bay's da Vinci Robot case services that include lawsuit funding, surgical funding, and lawsuit help finding a da Vinci robot lawyer or da Vinci law firm visit:
Patty Kirby, Head of Client Relations, commented on the company's new da Vinci funding ranges, "As a leader in mass tort pre-settlement and settlement funding, we are announcing our further commitment to patients who have been injured while having a surgery performed by a da Vinci robot by raising our funding amounts effective today. We believe that this litigation will drag on for some time and patients will need assistance in paying their bills while they wait for their cases to be heard in the courts. Our non-recourse -pay only if you win- pre-settlement funding program for da Vinci plaintiffs assures them of receiving some compensation today to assist with daily living needs regardless of the outcome of their case."
To see how Legal-Bay's funding process works visit:
Legal-Bay's programs are non-recourse lawsuit cash advances, also known as case funding. None of the programs should be considered to be a settlement loan, settlement loans, lawsuit loan, lawsuit loans, pre-settlement loans, or a pre-settlement loan. To learn more about Legal Bay's accident lawsuit funding process, visit: http://www.lawsuitssettlementfunding.com/funding-process.php
If you or a loved one is in need of a lawsuit settlement funding due to da Vinci Robot complication and would like to speak with a da Vinci lawyer or law firm, feel free to contact Legal-Bay on the company's 24-hour hotline at: 877.571.0405 where live free agents are available to assist you and answer any questions you may have. You may also fill out an online application to receive a free evaluation on your case at: http://lawsuitssettlementfunding.com.
DISCLAIMER: Legal-Bay LLC is not a law firm and cannot provide legal advice on your case, however, Legal-Bay works with lawyers involved in mass tort litigations who can provide you with a free legal consultation at the consumer's direction.
Contact: Patty Kirby, COO/Head of Client Relations
Ph. 877.571.0405 Email: [email protected]
SOURCE Legal-Bay LLC
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