Money For Lawsuits to Increase Funding on Zimmer NexGen Knee Lawsuits
New York, December 30, 2014 (Newswire.com) - The lawsuit funding company Money for Lawsuits announced today that an increase in presettlement funds has now become available for those who are involved in the Zimmer NexGen Knee litigation. The NexGen device, which was thought to increase range of motion and imitate a natural, healthy knee, is now said to have failed in its purpose and caused serious complications instead.
Zimmer, Inc., a knee implant manufacturer, currently faces over 1,000 U.S. state and federal lawsuits related to their NexGen Flex knee device in addition to FDA recalls of the product in 2010. Based on the number of lawsuits filed so far, Money for Lawsuits expects additional lawsuits to be filed as the 150K patients who have had the device implanted continue to experience unpleasant side effects brought on by the defective product. Recall of these devices may eventually total over 50,000. Patients who have filed claims against Zimmer report that the NexGen implants have caused serious pain, nerve and tissue damage, infection, blood clots, instability, decreased motion, bone degeneration and fractures that have ultimately resulted in revision surgery.
A Money for Lawsuits representative reported that the increase in their presettlement funds is based on the expectation by lenders that claims against Zimmer may see settlement amounts of up to $150,000. Lawsuit funding companies such as Money for Lawsuits have been actively providing lawsuit cash advances to defendants in the NexGen case for the last few years. However, given that the Bellwether trials are scheduled for 2015, lenders are increasing their funding amounts for claimants who have undergone revisions.
Given the increased cash advance funding currently available, Money for Lawsuits can now provide legal funding for plaintiffs to use while they await final settlement of the Zimmer NexGen Knee litigation. The claimants, who need money to pay bills and cover living expenses, appreciate the lawsuit funding solutions currently being offered by Money for Lawsuits.
Money for Lawsuits encourages anyone who is or will be a plaintiff in the Zimmer NexGen Knee litigation to contact them for a free, no-obligation consultation and to apply for NexGen legal funding. The application process is quick and easy to complete and does not require plaintiffs to undergo a credit check, background check or to be employed. If the case is lost, plaintiffs owe nothing. Plaintiffs who are approved for presettlement funding can have their cash advance as quickly as one business day.
