Legal-Bay Lawsuit Funding Announces Increased Funding Amounts on Wright Metal-on-Metal Hip Cases

As Wright Hip Litigation cases continue to increase, law cash company steps up its efforts to assist client's in need.

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Sep 07, 2016, 06:00 ET

LOS ANGELES, Sept. 7, 2016 /PRNewswire/ -- Legal-Bay, The Lawsuit Settlement Funding Company, announced today that they are stepping up their efforts to assist plaintiffs of the Wright Conserve Metal Hip Litigation. Legal-Bay has been an active funding source for plaintiffs who cannot wait for their cases to settle and need lawsuit money now. Based on the company's knowledge of the litigation, the total number of Wright Lawsuits is well over 2K now, which includes Federal Court, State Courts, and tolling agreements.

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Wright lost their first Bellwether trial in late 2015 for over $1MM, however the company has appealed. The next Bellwether trial is set for California in October of 2016. Legal-Bay's sources close to the litigation believe that the litigation could see some sort of partial resolution by 2017; with ultimate payments not until 2018 for most plaintiffs. Although Wright continues to deny liability and fight the claims, the company has also admitted in SEC filings that it is trying to make progress to an ultimate resolution. Typically, Hip Cases with revisions have a base award of $200-$350K depending on damages.

Chris Janish, CEO of Legal-Bay commented, "The Wright litigation seems to be moving along at a normal pace as we have seen in other litigations. We are one of the few companies in legal finance funding these Wright hip cases since they have not officially been recalled. Regardless, with today's announcement we will do so more aggressively. Unfortunately, plaintiffs that have been suffering will not get the lawsuit settlement oasis that they expect right away because it does take time to receive funds even when cases are settled. We are seeing that in the transvaginal mesh litigation as well."

If you are interested in receiving up to a $30K advance in pre-settlement funding today on your pending Wright hip litigation case, you may apply online right now at: http://lawsuitssettlementfunding.com .

Legal-Bay specializes in all personal injury funding; car and truck accidents; work related incidents such as discrimination, sexual harassment, wrongful termination; wrongful imprisonment; and police brutality. Additionally, the company has been a leader in mass tort or bad drug litigations such as: Xarelto and Pradaxa blood thinners, hip revision and recall cases, transvaginal mesh, Actos bladder cancer, Granuflo or Natural Laturalyte dialysis, IVC Filter cases and any civil lawsuit where the plaintiff has an attorney.

To learn more about the company's various funding programs and how the process works, go the company's website at: http://lawsuitssettlementfunding.com . You may also speak to a live representative at: 877.571.0405.