Bayer Earmarks $1.5 Billion for Yaz Lawsuit Settlements
Settlement negotiations continue between lawsuit plaintiffs and Bayer Healthcare Pharmaceuticals related to injuries stemming from their controversial birth control pills, Yasmin and Yaz. The billion-dollar company has earmarked $1.5 billion to cover future litigation costs and settlements, which are averaging in the six figures for each claimant. To date, more than 10,000 Yasmin and Yaz lawsuits have been filed against the manufacturer, alleging life-threatening complications including deep vein thrombosis (DVT), pulmonary embolism, stroke, and other blood clot-related injuries. And while more than 100 million women across the nation have been prescribed the fourth-generation oral contraceptive, the FDA ranks Yasmin and Yaz as second among all drugs for number of adverse event reports.
According to the company’s third quarter reports, Bayer has already settled 3,500 cases to the tune of $750 million. While the news is encouraging for plaintiffs with pending Yaz lawsuits or those considering taking legal action, it is uncertain when victims might actually receive their settlement funds. In the interim, many women are struggling with medical bills and other expenses related to their Yasmin and Yaz-induced complications.
If this scenario sounds familiar and you’re considering filing a complaint or are embroiled in litigation and waiting for your compensation, Yaz lawsuit loans may be your answer to today’s financial challenges. With LawStreet Capital’s pre settlement funding for plaintiffs, you don’t have to rush into an early or unfair settlement – and you can avoid economic catastrophe with this risk-free cash advance, which isn’t a loan in the traditional sense.
Plaintiffs can benefit from Yaz lawsuit loans
While Bayer proposes to settle these pending Yaz lawsuits involving blood clot injuries for an average of $200,000 + per case, plaintiffs who are waiting resolution of their claims may be saddled not only with legal fees, but with day-to-day expenses, plus hospital bills for their Yaz complications. Many may be facing the threat of foreclosure on their homes or considering filing bankruptcy. With the availability of legal loans, you don’t have to accept a settlement offer that is less than you deserve, and you can rest assured that if your case isn’t successful, the funds don’t have to be repaid. That’s because Yaz lawsuit loans are cash advances based on the predicted outcome or settlement amount on your case. If Bayer doesn’t settle your lawsuit or a jury rules in favor of the defendant, you won’t owe a dime.
Bayer has indicated that it’s only settling certain lawsuits involving blood clot injuries, which leaves much room for speculation and doubt, but with pre settlement funding for plaintiffs, you leave all the risk to us.
Yaz lawsuits consolidated in multidistrict litigation (MDL)
Owing to the large amount of claims over the oral contraceptives, federal Yasmin and Yaz claims have been centralized under one District Court judge for streamlined pre-trial proceedings. The Yaz multidistrict litigation (MDL no. 2100) is located in the Southern District of Illinois, and is being overseen by Honorable Judge David R. Herndon. The U.S. Judicial Panel on multidistrict litigation (JPML) confirmed that the case load now totals 9,455 – making it the largest mass litigation in the country today. Under the supervision of Judge Herndon, Bayer has been taking active measures to reach settlements with a large portion of these cases.
Apply for your cash advance now
At LawStreet Capital, our Yaz lawsuit loans come with zero risk to you. We understand how lengthy and expensive protracted litigation can be, that’s why we offer a variety of legal loans for plaintiffs in just this situation. Even better: our application is obligation and hassle-free. We never require a credit check and as soon as you’re approved, we will get you the largest possible cash advance within 24 hours. We’ll send your funds by overnight express mail, or transfer it into your bank account.
Get the Yaz settlement money you deserve right now, when it’s needed most. Our customer service representatives are standing by. Call us toll-free: 800-345-8500.