$4.5MM Verdict Reached against Wright Medical Technology Inc., says Legal-Bay Lawsuit Settlement Funding

Lawsuit Cash Advance Firm says that the recent trial against Wright Medical Technology Inc. over their Profemur R hip implant resulted in a pretty hefty loss for the manufacturer.

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Legal-Bay LLC

Jun 24, 2015, 05:00 ET

ATLANTA, June 24, 2015 /PRNewswire/ -- Legal-Bay LLC, The Lawsuit Settlement Funding Company, announced today that a $4.5 million verdict was reached against Wright Medical Technology Inc. over their Profemur R hip implant. Jurors in Los Angeles County Superior Court found that Wright's Profemur R was not defective in its design, however, it was defective in its manufacturing. According to The National Law Journal, a written statement by Wright Medical says that the company plans an appeal. Wright Medical Technology Inc. currently faces more than 1,000 lawsuits over their hip implants. The majority of the cases have been coordinated for pretrial proceedings in either the LA County Superior Court or the U.S. District Court for the Northern District of Georgia where the multidistrict litigation (MDL) is taking place (MDL No. 2329). Bellwether trials are set to begin this year, possibly as soon as August.

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Patty Kirby, COO and Head of Client Relations, commented on the recent verdict against Wright Medical Technology, "The Wright hip litigation has started in a similar fashion as some of the other hip litigations, such as DePuy, Stryker, and Biomet, whereas large awards seem to be going in the favor of the plaintiffs. If past history is any indication, it could spell trouble for Wright in resolving the thousand active lawsuit claims."

To apply for lawsuit funding today on your Wright hip case, apply online at: http://lawsuitssettlementfunding.com/stryker-wright-hip-recall-settlement-funding.php

Legal-Bay, a law cash advance company, advises any patients who have suffered complications or metallosis from a Wright hip implant (or any other metal-on-metal hip implant) to contact a hip lawyer or hip law firm immediately as the time to file a complaint is limited. Legal-Bay can assist you with obtaining a free legal consultation with a hip lawyer or hip law firm. You can inquire directly with us at: http://lawsuitssettlementfunding.com/contact-us.php

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 lawsuit funding process, visit: http://www.lawsuitssettlementfunding.com/funding-process.php

If you wish to speak to a live agent who can answer any of your lawsuit funding questions, or if you would like to schedule a free consultation with a hip lawyer, call Legal-Bay's toll-free hotline at: 877.571.0405.

Legal-Bay LLC (as well as their related companies) 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]

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SOURCE Legal-Bay LLC