Stryker Hip Recall - Legal Funding Announcement

    SECAUCUS, NJ, November 06, 2014 /24-7PressRelease/ -- Atlas Legal Funding (www.AtlasLegalFunding.com), a legal funding company that provides low-interest, no-risk lawsuit funding to plaintiffs, announced legal funding availability for parties involved in the Mahwah-based Stryker Corporation hip recall. This announcement comes on the heels of a $1.4 billion hip recall settlement announced on November 3. Under this settlement, thousands of Stryker hip implant patients will receive $300,000 each, or more, after having received defective hip devices.

The recent agreement includes about 3,000 patients and 1,900 federal lawsuits that were consolidated before a U.S. District Court judge in Minnesota. It includes patients that had revision surgery to replace the recalled devices - either in one or both hips. It also includes those that are of an advanced age, or who are ill, and are therefore unable to have the devices removed.

"It's encouraging to know that patients who were affected by the faulty hip implants will receive compensation," said Jeff Kahn, Managing Partner of Atlas Legal Funding. "But although money from this settlement is on its way, it's important to keep in mind that some of these patients need money now and cannot afford to wait until funds are disbursed since many have been left in debilitating situations that affect their physical, as well as financial, well-being."

Atlas Legal Funding has announced the immediate availability of legal funding for plaintiffs involved in the Stryker hip recall lawsuit to help those that cannot afford to wait several months before funds are disbursed.

With some of the lowest rates in the legal funding industry, Atlas Legal Funding can help to bear some of the financial burden associated with defective medical device cases by bridging the financial gap between today and when settlement funds are disbursed. Atlas will advance settlement payments to plaintiffs involved in the Stryker hip recall settlement in as little as 48 hours with no out-of-pocket application or other costs. If you are a plaintiff, we will work with your attorney to make sure that the application process is quick and easy.

Kahn added, "Based on the information we have available at this point there is still a long time to wait before any funds are disbursed from the Stryker hip recall settlement. It's likely that the money will not start to flow to individual plaintiffs until late in 2015."

If you're involved in the Stryker hip recall settlement and are in need of immediate funds while you wait for settlement funds to arrive, contact Atlas Legal Funding today at 1-877-635-4037 or visit our website, www.atlaslegalfunding.com, to submit an online application.

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