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Litigation Funding Blog

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