Mirena Settlement Loan Available in the Event of Delays

Katarina Siegfeld | June 5th, 2014

mirena settlement loanOver 2,000 women have filed complaints against Bayer Healthcare Pharmaceuticals.  More than 500 cases have been consolidated as part of a federal MDL in the U.S. District Court for the Southern District of New York; over 700 additional cases have also been consolidated as part of a multicounty litigation (MCL) at the state level in New Jersey.  In both groups of litigation, the complaints concern migration of the Mirena IUD and perforation of the uterus.

However, a motion filed on May 27 deals with a group of nine plaintiffs who claim that they have experienced conditions such as pseudotumor cerebri (PTC), and lawyers anticipate that an additional 65 women will file complaints related to similar non-stroke related neurological side effects.  These women would like to see a separate MDL created in the Middle District of Tennessee that deals specifically with the Mirena-related neurological conditions.

The new motion may cause delays or revisions in the schedule for the discovery period or preliminary cases. Plaintiffs in either the existing or potential MDLs or the New Jersey MCL could require additional funding in the form of a Mirena settlement loan in order to pursue their cases.

Delays may necessitate Mirena lawsuit funding

The FDA has received thousands of adverse event reports associated with the Mirena IUD, many involving uterine perforation and other side effects.  Plaintiffs who have filed lawsuits over the device allege that perforation of the uterine wall, as well as damage to other organs, infections, and other side effects.  Many have required surgery to repair damage, including an appendectomy, a hysterectomy, and removal of stomach tissue.

Complications and surgery mean medical bills and lost wages.  A delay in Mirena IUD trials and possible settlement recoveries will mean that plaintiffs who desperately need compensation to cover these expenses will have to wait even longer to receive it.  Fortunately, Mirena lawsuit funding can help as a stopgap measure until plaintiffs receive settlements or jury awards.   A “pre-settlement loan” provides funding prior to the point where a settlement is reached.  The term “loan” can be misleading, as this type of funding resembles a cash advance that does not have to be repaid if the case is not successful.  A “post-settlement loan” can provide funds after the settlement is reached but before funds are dispersed.

Mirena lawsuit cash advance

Don’t let concerns about financing your case stop you from pursuing the compensation that you deserve.  LawStreet Capital is able to provide more information for current or future Mirena plaintiffs who are worried about the financial side of filing a complaint.

By calling 1-866-FUND-662, you can begin the free Mirena settlement funding application process with one of our representatives who will go over your options with you.