Legal Funding for Abilify Gambling Lawsuits

Ava Lawson | October 28th, 2016

Lawyer with Clients3Side effects of the antipsychotic drug aripiprazole have prompted a wave of personal injury litigation based on claims that Bristol-Myers failed to warn about risk of Abilify compulsive gambling. The medication, prescribed to patients with bipolar disorder, schizophrenia and other mood problems, has been tied to impulse control behavior in patients with no family history of addiction problems.  In addition to pathological gambling, Abilify is known to cause other compulsive behaviors like binge eating, sexual actions and uncontrolled shopping.

Patients are now taking their claims to court, demanding just compensation against drug makers Otsuka Pharmaceuticals and Bristol-Myers Squibb.  Litigation continues to escalate as more people discover the causal relationship between Abilify and obsessive gambling behavior. One claimant argues that while he was taking the drug, he lost over $75,000 in a gambling spree.

Many of these plaintiffs are awaiting their day in court, which can be months if not years away. Litigation involving dangerous or defective products is a notoriously lengthy process, and Abilify gambling lawsuits have recently been joined under multidistrict litigation in Florida federal court, where more cases will soon be consolidated.

Legal funding benefits

Those who have incurred crippling debt from gambling additions are already under tremendous financial strain, which is only exacerbated by litigation. It is precisely situations like these when a lawsuit cash advance can prove invaluable to plaintiffs.

Unlike a bank loan, which is advanced based on hard collateral, good credit and a steady employment history, lawsuit funding is a non-recourse advance based on the anticipated recovery of the case. Legal loans are not loans at all but an advance against the projected settlement or jury verdict.  This type funding is 100 percent non-recourse, so claimants will not be required to pay back the monies unless their case settles favorably or a monetary judgement is rendered.

Legal funding affords many benefits to plaintiffs, allowing them to:

  • Proceed with lengthy litigation without added financial stress
  • Avoid the immediate ramifications of gambling debt, such as home foreclosure, etc
  • Litigate their cases without economic constraints, with no need to accept “low ball” settlements
  • Use the lawsuit cash advance for day-to-day needs, including rent, car payments, mortgage, groceries
  • Secure a non-recourse cash advance with no credit check or need for collateral

Don’t settle for less than you deserve

Consider that the average product liability lawsuit filed over drug injuries takes 2.5 years to resolve. Abilify plaintiffs who are already struggling with gambling debt may be in no position to wait this long. Fortunately, they can avail themselves of a risk-free pre settlement loan that involves no monthly payments and no hidden costs, allowing them to focus on more important matters in their lives.

To learn more about Abilify lawsuit funding, or to start the free application process, please call LawStreet Capital today. We offer some of the industry’s most competitive interest rates and, once the application is approved, the money can be in your account within 48 hours. Call 1-888-560-7230 to get started today!