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Litigation Funding Blog

Latest Lawsuit Filed In Blood Thinner Wrongful Death

November 10, 2016

Each day we open the paper or turn on the computer and there is another story about an FDA approved drug that causes serious injuries or death.

The most disturbing news, aside from the risks of taking various drugs, is that most Americans put their trust in physicians and the drugs they prescribe to heal them. They expect these medications to be safe and make them feel better. Unfortunately, ‘feeling better’ on a temporary basis is not a fair trade against the devastating side effects of some of these drugs.

As Portola Pharmaceuticals rushes to gain approval of their drug which they say will help stop internal bleeding in patients taking the popular class of blood thinners which includes Xarelto and Eliquis, patients continue to suffer severe side effects and even wrongful death.

A recent claim was filed by a man who contends that about two months after his wife was given Eliquis to treat atrial fibrillation, she developed gastrointestinal bleeding. Due to the lack of an Eliquis antidote, doctors were unable to stop her internal bleeding, and she ultimately died. The lawsuit seeks to hold Bristol-Myers Squibb and Pfizer responsible for the woman’s death. The plaintiff claims that Bristol-Myer Squibb and Pfizer neglected to adequately research all potential Eliquis side effects before the drug was released and that they deceived doctors and consumers about Eliquis bleeding risks.

Waiting for a fair and equitable settlement or a jury trial in hard fought litigation like this will likely take years. In the meantime, the plaintiff will still need to pay his ordinary bills and expenses, as well as funeral expenses and any outstanding medical bills. During this time, many plaintiffs find it advantageous to seek out wrongful death litigation funding to remove the pressure to settle early and inexpensively and allow their attorney the time he/she needs to get the fairest possible result.

Litigation funding is better described as a non-recourse cash advance; it does not need to be repaid if the case is unsuccessful. The application is free, and there is no need for a credit check or employment verification. Funding is based strictly on the merits of the case. If you suffered or lost a loved one from internal bleeding after using a blood thinner such as Eliquis, you could be entitled to compensation for damages. It is important to consult an experienced attorney to understand your rights. Once the case is filed, Litigation Funding Corporation would be happy to review your case to determine if you are eligible for a lawsuit cash advance.

Pfizer Faces Wrongful Death Lawsuit for Allegedly Not Revealing Lipitor Side Effects

January 15, 2016

Phillipa Peters’ family filed a wrongful death lawsuit, citing fraud and redhibition against Big Pharma giant Pfizer. Redhibition is a civil action in Louisiana filed against a seller/maker of a defective product.

The Peters family states in their lawsuit that Pfizer was negligent in their marketing of Lipitor, referred to as a statin designed to allegedly lower cholesterol levels in users. The drug company allegedly did not say much about the very high risk of Lipitor causing diabetes.

According to the statement of claim, Phillipa Peters took Lipitor from 1996 until 2014, the year of her death. She was diagnosed with Type 2 diabetes in 1997. Due to various complications arising from the diabetes, Peters needed dialysis until she died in Nov. 2014.

Peters spent a lot of time in and out of hospitals and as a result accrued large medical bills. On her death, her family would need to find a way to pay her medical debt. In launching the lawsuit against Pfizer, the family would hope for compensation to assist them in paying medical expenses.

While waiting for a lawsuit to make its way to court, or waiting for a settlement, the Peters family would be trying to pay their usual monthly financial obligations, whether that be the mortgage, a student or a car loan or even rent. Trying to find extra money would be difficult.

The Peters family may want to check into obtaining litigation funding, also referred to as a lawsuit loan. Pre-settlement funding is often the lifeline financially strapped plaintiffs need to be able to pay their usual and extraordinary expenses while they wait for their case to be resolved.

There are no credit checks required. There are no fees upfront. There are no monthly fees. The applicant plaintiff does not need to have a job when he or she applies. Approved applicants do not need to deal with insurance companies wanting them to settle for less than the case may be worth in court. They get to keep the lawsuit loan if the case is lost at trial.

While litigation funding is not for everyone, it is worth checking into. It might be the very financial lifeline needed to get the family through a very tough time.

Litigation Funding