Advantages of Legal Funding for Plaintiffs in JUUL Lawsuits

Staff Writer | November 22nd, 2019
vaping e cigarette juul

Concerns about addiction to JUUL e-cigarettes and vaping has been growing steadily in the U.S., fueled by concerns that JUUL was specifically marketing to teenagers. Roughly 25% of U.S. high school students have vaped within the last 30 days, according to a survey by public health workers.

Recently, a U.S. District Judge indicated his intention to move forward quickly on all claims regarding JUUL addition in federal courts, citing the seriousness of public health concerns.

JUUL has been accused of marketing its products in candy flavors to appeal to young people and designing the product to make it easy for teens to hide it from their parents (it resembles a computer’s USB thumb drive).

Many product liability and class action claims have been filed against JUUL alleging that the company did not disclose how addictive its products are and that it engaged in misleading marketing and packaging practices. In October, claims in Federal courts were centralized so that discovery and pretrial proceedings could all be coordinated.

Observers believe that thousands of people will continue to bring claims against JUUL as the size of the litigation grows.

A Legal Loan Can Be a Bridge

While the judge’s promise to move quickly is commendable, it needs to be viewed in the context of the court system. “Quickly” in a large Federal case may be a very relative term. It can still take months and even years for plaintiffs in a large and complex case to receive a settlement.

For many families, the length of a large and complex court case causes financial hardship and stress. You may be facing large medical bills as you pay for addiction treatment and even treatment for the mysterious illnesses tied to vaping products. You may have taken time off from work to address the issues your family is going through, reducing your wages.

If the plaintiffs win the court case, a settlement can resolve all these problems. But what if a settlement is far away?

There is a solution. It’s lawsuit funding. Legal funding is a loan designed to ease your financial life until your case is resolved.

Financial difficulties can pressure you to accept unnecessarily low settlement amounts. Plaintiffs in urgent need of money can’t wait: they may be tempted to settle for the first offer given at trial or in pre-trial negotiations. These can be low-ball offers that are far less than the case is worth.

With legal funding, you can hold out for the best offer.

Legal funding consists of non-recourse loans. What does that mean? It means, effectively, that if you win your case, you will pay back the loan, at a reasonable rate of interest. But if you don’t win, you’ll owe nothing. That’s right – you’ll never pay a dime if your case is unsuccessful.

You can receive legal funding with no credit check necessary. Approval is completed within 24 hours.

You can use legal funding for any financial need: mortgage/rent, groceries, utilities, and so on.

How Lawstreet Capital Helps

Lawstreet Capital can help you with your claim against JUUL by offering legal funding today. The better your financial situation now, the more you will be able to negotiate a just settlement with JUUL. A legal loan application is convenient and simple, and accessible online. There is no credit check necessary. You can receive approval in 24 hours.M