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Fundmysuit.com funding of Avandia cases “explodes” in wake of surging applicant requests

Fundmysuit.com says funding for Avandia cases has exploded in September.

PRLog - Sep. 21, 2010 - SCOTTSDALE, Ariz. -- Commensurate with a significant uptick in the number of lawsuits filed for users of the drug Avandia, Fundmysuit.com is reporting an increase in funding amid a wave of applications from patients seeking access to monies prior to their cases. This announcement comes on the heels of a press release by the company regarding a streamlining of its funding process by offering services in specific states and for specific types of cases. Said Findmysuit.com CEO Charles Cocuzza, "Funding for Avandia cases has exploded in September. Almost half of our calls this month have been people wanting to get funding on their pending Avandia lawsuit case. We have been able to help most of them very quickly with limited paperwork."

Lawsuit filings for Avandia users have seen upward trends since the month of July, when pharmaceutical giant GlaxoSmithKline first agreed to pay upwards of $400 million to settle existing lawsuits against the company. Avandia, a drug used to combat Type 2 diabetes marketed by GlaxoSmithKline, has been linked to proportionately higher risks of heart attacks and stroke in its recipients. Cocuzza stated, "With the large settlement by GlaxoSmithKline in July, our funders can process quotes on loans very quickly."

Fundmysuit.com (http://www.fundmysuit.com), the online portal for Bridgeview Legal Funding Inc., has enjoyed sizable revenues from its funding of Avandia case plaintiffs, reporting a revenue increase of 200% for this type of case in July. Its success goes hand in hand with its mission to advance money to qualifying applicants quickly and easily, in an effort to help them cover legal costs and basic day-to-day expenses.

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FundMysuit.com. is a funding firm which gives non-recourse loans to people who are awaiting the outcome of a pending lawsuit as well as other types of loans within the legal community.

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Location:Scottsdale - Arizona - United States
Industry:Legal, Finance
Tags:avandia, legal funding, lawsuit settlement loans, loans against lawsuits, lawsuit funding, settlement funding
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