Actos Presettlement Loans
If you are getting a class-action settlement in the Actos litigation, but need the money now, then Lance Lawsuit Funding wil give you a non-recourse loan. Most requests for presettlement advances up to $50,000 can be approved within 24-48 hours.
Typically your lawyer will notify you about the terms of your settlement, including the amount of money you may expect. In the Actos litigation, Takeda, the Japanese manufacturer of Actos, its diabetes drug has caused bladder cancer in thousands of patients and users. Takeda knew about the enhanced risk of bladder cancer associated with the use of its block buster drug, but failed to disclose it. The drug was eventually banned by German health officials but never withdrawn from the market in the United States. Takeda did not settle the United States claims easily or with litigation. A Louisiana jury returned $9 Billion verdict against them and a California Jury 6.5 Million. Only after several juries returned large verdicts against them did the company decide it was in their financial interest to avoid the uncertainties of court.
The threat of large jury verdicts against Takeda for failing to disclose the risk of bladder cancer associated with their Actos evenually lead the company to offer a final settlement. Takeda offered a $2.3 billion settlement providing that 95% of the plaintiffs signed on. As late as this past August 2015, when the drugmaker hit its first deadline, only 75% of the plaintiffs had signed. Takda then added $100M to the offer and the hurdle was cleared to put the settlement through.
In most cases, plaintiffs who are represented by lawyers get a letter informing them about the amount they are likely to get throught the settlement. If you have recieved this letter it may take months before the settlement is approved and goes the court to dispense your settlement money.
Lance Lawsuit Funding will give you a pre-settlement advance within 24 hours of doumentation. We generally approve the full anount requested more than any other lawsuit funding company. Here is how easy it is to apply:
Simply call us with your presettlement request. We will ask you a few questions about your case, including the name of your lawyer. We take it from there.
We ask your lawyer for a few documents related to your case and settlement. Once your lawyer provides these documents we make a decision on your pre settlement funding request. There is no credit or employment check.
You are called that your pre settlement funding request has been approved. You tell us how you would like to recieve your money. We can wire it to any designated checking account witin 24 hours.
Lance Lawsuit Funding is a national funding company that provides cash advances to people with pending or settled personal injury lawsuits. There is no employment or credit history check because the decision to approve your pre settlement funding request is based on your case. We usually approve the full amount requested with low fees.
For more information contact Lance Lawsuit Funding or call (201) 425-0743 and get your request approved.