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Coloplast Transobturator Archives - Carey Danis & Lowe

Coloplast Allocates Over $180 M for Vaginal Mesh Litigation

By | Defective Medical Device litigation, Transvaginal Mesh, Uncategorized

coloplast_transvaginal_mesh_lawsuitColoplast announced in a press release that it was planning to allocate one billion in Danish Krone (DKK), which converts to over $180 million, as a legal fund to be used for transvaginal mesh lawsuits. The transvaginal mesh manufacturer made the announcement in early May. In their press release, Coloplast stated that it expects to be the target of approximately 7,000 U.S. lawsuits regarding their transvaginal mesh products.

With such a large number of transvaginal mesh lawsuits before them, Coloplast noted that their insurance coverage would not be able to cover all legal expenses, which is the reason for establishing the reserve.

In their announcement, Coloplast also expressed their willingness to negotiate settlements.

Carey Danis & Lowe Represents Victims

An experienced defective medical device law firm with headquarters in St. Louis, Carey Danis & Lowe is a dedicated legal representative of victims who have been injured by pharmaceutical products. If you believe that you have been injured by transvaginal mesh, our defective medical device lawyers would like to evaluate your case with you.

We offer free initial case evaluations.

Contact Carey Danis & Lowe today. Reach our law offices by phone at 800.721.2519, or submit a personal injury claim form.

Stay up-to-date on the latest transvaginal mesh lawsuit news by reading the Carey Danis & Lowe blog. Read an article about a proposed Coloplast Transobturator settlement,

Reports of Coloplast Transobturator Settlement

By | Defective Medical Device litigation, Transvaginal Mesh, Uncategorized

coloplast_transvaginal_mesh_lawsuit_litigation_settlementsColoplast, one of the seven transvaginal mesh manufacturers who is involved in a multidistrict litigation (MDL) in a federal court in West Virginia, is purportedly negotiating a settlement to resolve 400 cases from a pending case list that exceeds 1,300. These cases fault Coloplast for marketing a defective medical device, including the Coloplast Transobturator line of products, that the plaintiffs claim causes serious injuries, among them organ damage.

According to Bloomberg, the proposed Coloplast settlement is to offer a compensation package of around $40,000 for each of the 400 selected cases. Rather than negotiate a settlement deal to resolve all of the transvaginal mesh lawsuits targeted at them, instead, Coloplast’s strategy appears to be to resolve separate groupings of cases. Apparently, Coloplast’s settlement process is to resolve cases by plaintiffs’ lawyer.

It has not been made evident as to why Coloplast and their defense lawyers have made the decision to resolve the consolidated lawsuits by case inventory.

As a national law firm representing victims of defective medical devices, Carey Danis & Lowe is encouraged by Coloplast’s decision to negotiate a settlement whose upshot is to resolve all cases in the West Virginia MDL. As many victims of defective medical devices experience an incredible amount of emotional and physical suffering as a result of their injuries, the sooner both parties are able to reach a settlement or bring a case to trial, the better.

The St. Louis class action attorneys at Carey Danis & Lowe are currently investigating transvaginal mesh cases. Carey Danis & Lowe encourages you to begin exploring your legal options today. Our initial case evaluations are free.

Carey Danis & Lowe is available right now to review your transvaginal mesh case. Contact us by phone at 800.721.2519, or complete one of our personal injury claim forms.