No- Risk Lawsuit Settlement Funding for Fen-Phen Class Action Lawsuit Plaintiffs
Plaintiffs involved in pharmaceuticals lawsuits like Fen-Phen, Zyprexa and Vioxx litigation do not realize, they can now get lawsuit cash advances or lawsuit funding, while they are waiting for their lawsuit settlement money. It is called lawsuit funding or often referred as lawsuit loan, lawsuit financing, litigation financing, legal finance, pending lawsuit loan, litigation funding, lawsuit cash advance, lawsuit advance funding, personal injury lawsuit financing, legal financing and personal injury lawsuit funding.
Fen Phen, an anti-obesity medication (an anorectic) was used as a diet drug for many years. It is a combination of two drugs, fenfluramine and phentermine. Beginning in 1992, these were marketed under the trade name of Pondimin or Redux. During the period from March to August 1997, the Mayo Clinic in Rochester, Minnesota observed and reported an association between the use of fenfluramine and/or dexfenfluramine and valvular heart disease. The FDA requested its removal from the market late in 1997 when reports arose of role of Fen-Phen in causing heart valve disease and pulmonary hypertension.
It is estimated that over 6 million persons took Fen Phen (also spelled Phen- Phen or Phen- Fen). Since millions of people had taken the diet drug Fen Phen, a large percentage of these people were experiencing drastic side effects, and in some cases even death. A large number of the product liability lawsuits were filed because of the different adverse effects of Fen Phen. As recently as April of 2005, American Lawyer magazine revealed that more than 50,000 product liability lawsuits have been filed by Fen-Phen victims. Total liability paid out to plaintiffs in Fen-Phen class action lawsuit settlement could reach as high as $14 billion.
It does not seem fair for the plaintiffs, that even if they have won their Fen-Phen lawsuit settlement, they may lose because too little money comes in too late. They need money now. Most of the plaintiffs, because of their medical conditions have missed work or lost their jobs. They can no longer meet their mortgage/ rent or car payments. Many of them may be one or two payments away from foreclosures. They may be in need of medical treatments. They need to pay education expenses of their children.
But now this new lawsuit settlement funding or litigation financing program is great help to Fen-Phen lawsuit plaintiffs. With a lawsuit cash advance or pending lawsuit loan, on your Fen-Phen lawsuit settlement, you reduce the financial and emotional stress on you and your family. This risk free source of lawsuit loan or lawsuit funding is now available for plaintiffs involved in Fen-Phen and other pharmaceutical lawsuits.
But these are not loans because the money does not have to be paid back unless the case is won or settled. These are non- recourse legal cash advances. It carries no risk because Fen-Phen lawsuit plaintiffs pay only when they get their Fen-Phen settlement money from Defendant Company.
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