Transvaginal Mesh Settlement News: Boston Scientific Reaches First TVM Settlement, Says Lawsuitsettlementnews.com

PHILADELPHIA, May 20, 2015 /PRNewswire/ -- MT Services LLC, a Lawsuit Settlement News Reporting Company which operates lawsuitsettlementnews.com, reports today that Boston Scientific Corporation has agreed to pay about $119 million to settle approximately 2,970 cases over its transvaginal mesh products. According to Reuters, Boston Scientific Corp. said the company will put settlement funds into an escrow account by October 1st, and it will also establish a process for claimants to participate in the settlement. However, Boston Scientific Corporation contests liability or any wrongdoing despite its agreement to pay the settlement. Also according to the article in Reuters, Boston Scientific still faces over 25,000 mesh claims in federal and state courts throughout the U.S.

 

Thousands of claims against Boston Scientific are still pending, and they've been consolidated into multidistrict litigation (MDL) under U.S. District Judge Joseph Goodwin in the Southern District of West Virginia (Boston Scientific MDL 2326).

Chris Janish, CEO of Legal-Bay, commented on the recent settlement, "The time is winding down for possible victims of transvaginal mesh injuries to file claims. The judge is trying to resolve all the existing claims as quickly as possible, and once the majority of settlements are announced it will be much harder to file a claim. Today's announcement is important not only for existing claims, but puts notice to patients who have not yet filed claims to do so immediately if they have had injuries which required a revision surgery, or if they are still in need of a revision surgery."

MTS, a Lawsuit Settlement News Reporting Company, is able to assist plaintiffs who need lawsuit money, surgical funding, or lawsuit help with finding a qualified transvaginal mesh law firm or transvaginal mesh lawyer to provide a free evaluation on their specific case. To learn more about MTS' services involving TVM litigations, please visit: https://www.lawsuitsettlementnews.com/transvaginal-mesh-lawsuits

Lawsuit Settlement News urges any women who are having complications with any of the transvaginal mesh products or bladder or pelvic slings that were implanted in the last five years to seek immediate legal consultation to determine if they may have a potential claim and are eligible for compensation. Time may be limited to do so as more manufacturers settle the claims against them. Settlements and jury verdicts in other cases with serious side effects and multiple revision surgeries have netted some plaintiffs settlements in the $500K range. In order to obtain compensation, you must file a timely lawsuit with the assistance of a mesh law firm.

If you, or a loved one, have been injured by a transvaginal mesh device and need lawsuit money or lawsuit help, including finding a TVM law firm, obtaining up to $30K in pre-settlement lawsuit funding, or obtaining surgical funding if you don't currently have insurance, call 877.571.0405.

You may also fill out a quick application online at: www.lawsuitsettlementnews.com and an agent will contact you shortly.

Disclaimer: MT Services LLC, operator of Lawsuitsettlementnews.com, is not a law firm and cannot provide legal advice on your case; however, MTS works with lawyers involved in mass tort litigations who are willing to provide a free legal consultation at the consumer's request. For a list of full disclosures, please visit the company's website disclosure page.

Contact: Chris Janish, CEO
Ph. 877.571.0405

SOURCE MT Services LLC

 

Takeda officials announced that they will put the money into a settlement fund if 95% of plaintiffs agree to participate in the settlement; and if 97% of the plaintiffs sign up, the drug maker would add an additional $300 million, raising the settlement to $2.4 billion, according to Bloomberg News. Settlement awards would be more than $296,000 per case for plaintiffs who choose to participate in the settlement, but settlement amounts may be reduced depending on certain factors such as age, smoking history, and toxin exposure.

Chris Janish, CEO of MTS, commented on the recent Actos settlement, "It is great to see that a litigation over a drug that has produced serious side effects such as bladder cancer is starting to come to a final resolution. Although many patients and their family members will never be the same, a settlement of this size speaks volumes on many levels. Takeda is trying to move forward and also stop new lawsuit claims from coming in, however, possible victims of bladder cancer from Actos should not be deterred and should seek counsel before it is too late to claim their potential award like the rest of the plaintiffs."   

MTS is ready and able to assist those who need lawsuit help with obtaining an Actos law firm or Actos lawyer to provide a free evaluation on their specific case. To learn more about MTS' services involving Actos and other bad drug litigations, please visit: https://www.lawsuitsettlementnews.com/actos-cases

If you already have an attorney and have filed a lawsuit and need a lawsuit funding cash advance or lawsuit money, not to be confused with a lawsuit loan or pre-settlement loan, Lawsuit Settlement News can assist you with these services. Injured parties from Actos usage and/or complications can apply for up to $100K in pre-settlement or settlement lawsuit funding. For a full list of the services that the company provides, visit: https://www.lawsuitsettlementnews.com/about-our-products-and-services

If you, or a loved one, have suffered complications from Actos and need lawsuit money or lawsuit help, including finding an Actos attorney or law firm, please call 877.571.0405.

You may also fill out a quick application online at: www.lawsuitsettlementnews.com and an agent will contact you shortly.

Disclaimer:  MT Services LLC, operator of Lawsuitsettlementnews.com, is not a law firm and cannot provide legal advice on your case; however, MTS works with lawyers involved in mass tort litigations who are willing to provide a free legal consultation at the consumer's request. For a list of full disclosures please visit the company's website disclosure page.

Contact:

Chris Janish, CEO

Ph. 877.571.0405

SOURCE MT Services LLC