Yaz Lawsuit Loans
Many women who sought a safe and effective contraception suffered serious injuries after they started using Yaz and Yasmin birth control pills. Manufactured by Bayer Pharmaceuticals, the pills have been the subject of personal injury and wrongful death lawsuits filed in federal and state courts. Due to the complex legal issues involved in the cases and the large number of lawsuits filed against Bayer, it may take many more months if not years for plaintiffs to receive compensation for their injuries and additional losses. In the meantime, claimants are often saddled with medical bills and other expenses. Fortunately, a Yaz lawsuit loan can help plaintiffs solve their financial problems while their cases are being litigated.
Side effects linked to Yaz, Yasmin, and Ocella
Yasmin, Yaz, and Ocella were approved by the FDA in 2001, 2006, and 2008 respectively. The birth control pills contain a hormone known as drospirenone – a synthetic progestogen that can elevate potassium levels in the body. The higher amount of potassium can lead to dehydration and increases the risk of developing certain medical complications. Serious injuries and side effects associated with drospirenone-containing pills include:
- blood clots
- heart attack
- heart arrythmia
- deep vein thrombosis (DVT)
- pulmonary embolism
- gallbladder disease
- sudden death
FDA warnings regarding Yaz, Yasmin, and Ocella
Yasmin and Yaz have been the subject of several FDA warnings and complaints regarding deceptive advertising. In 2003, the FDA stated that claims made in Yasmin advertisements were unsubstantiated and misleading when they asserted that the pills were a more effective contraceptive than its competitors. The FDA also warned that the advertisements failed to inform consumers about potential side effects. In 2008, the FDA informed Bayer that it violated federal laws by exaggerating the effectiveness of Yaz while downplaying its inherent risks.
In 2011, an FDA advisory committee evaluated the risks the birth control pills posed to women. Results of several clinical studies concluded that contraceptives containing drospirenone put women at greater risk than older formulations containing other hormones. In April 2012, the agency announced that Yaz, Yasmin, and Ocella warning labels would include information regarding the increased risk of blood clots.
Status of Yaz lawsuits
More than 12,000 lawsuits have been filed against Bayer by women alleging that the birth control pills caused serious injuries. The allegations against the manufacturer include negligence, fraudulent misrepresentation and strict liability. The Yaz claims filed in federal court have been consolidated in multidistrict litigation (MDL) in the U.S. District Court for the Southern District of Illinois. Cases have also been centralized in state courts in Pennsylvania, New Jersey and California.
Bayer has already settled 3,490 Yaz and Yasmin lawsuits for nearly $750 million. Even though a settlement has been reached for some of the cases, the manufacturer still has not admitted liability. Thousands of lawsuits are still pending and new cases continue to be filed on a regular basis. Whether a settlement will be reached for the remaining cases is yet to be determined.
Benefits of Yasmin litigation loans
While the Yasmin lawsuits are being litigated in court, many plaintiffs are struggling to pay for the medical care needed for their injuries, in addition to living expenses and other monetary obligations. Plaintiffs who are under financial strain can get the cash they need through a Yaz lawsuit loan. A pre settlement loan allows plaintiffs to leverage a future settlement or court award against a cash advance while waiting for their lawsuits to finalize.
When plaintiffs don’t have enough money to cover their bills, they are at risk of having creditors initiate collection activity such as repossession, foreclosure and suspension of credit accounts. Dangerous drug lawsuit loans help plaintiffs pay their bills and it may supplement a loss of income. Plaintiffs can also use the money to cover expenses for necessary medical treatment.
LawStreet Capital understands the financial obstacles many plaintiffs face during extended litigation. One of the most reputable lawsuit loan companies in the industry, LawStreet Capital is proud to offer competitive interest rates for lawsuit cash advances. The application is free and there are no hidden costs attached to the settlement advance loans. And since approval is based on the merits of your case, credit checks and employment verification aren’t required.
Apply for a pre-settlement loan today
A Yaz lawsuit loan can offer immediate financial assistance to plaintiffs while attorneys litigate their dangerous drug lawsuits. No risk is involved since there is no obligation to pay back the cash advance if the case isn’t won or settled. Simply fill out the online application and get a decision within 24 hours. Upon approval, LawStreet Capital will transfer the money directly into your bank account or send the funds via overnight mail. If you have any questions, speak with a knowledgeable LawStreet Capital representative at 800-345-8500.