Tylenol is one of the most commonly used painkiller medications. Some parents have filed lawsuits against Kenvue, a division of Johnson & Johnson, and the company behind Tylenol due to concerns over a link between the medication and autism in children. If you are involved in one of these lawsuits, you may be eligible for a class-action lawsuit loan.
Silver Dollar Financial can help you secure a Tylenol lawsuit cash advance. Our team is available to discuss our legal funding options. Contact us today to get started.
What You Need to Know About Tylenol
Tylenol is a pain relief medication. Its primary ingredient is acetaminophen, which helps reduce pain and fever symptoms. Acetaminophen is often used to treat aches and pains.
With acetaminophen, it is generally recommended that women who are breastfeeding or pregnant consult with a doctor before taking it. There is a risk of overdosing on Tylenol. If someone takes too much of the medication, they should get medical help or contact Poison Control immediately.
There may be a correlation between acetaminophen use and autism, a 2019 study suggests. In the study, researchers analyzed nearly 1,000 births. They found those with some level of exposure to acetaminophen were more likely to be diagnosed with autism by age 9.
History of Tylenol Lawsuits
In September 2021, healthcare experts published a consensus statement in the Nature Reviews Endocrinology medical journal. The statement included a warning about a possible link between acetaminophen and autism. It indicated the use of this medication during pregnancy could increase a baby’s chances of being diagnosed with autism.
A woman filed a lawsuit against Walmart in June 2022 relating to the sale of acetaminophen, according to Axios. In this case, the woman claimed she regularly used Tylenol during both of her pregnancies. She alleged acetaminophen contributed to lifelong neurological disorders in her kids.
As of December 2023, Reuters reported that at least 500 Tylenol lawsuits have been filed against Kenvue. Also, in December 2023, a judge said expert witnesses would not be allowed to testify that Tylenol can lead to autism if mothers take it during pregnancy. The judge said these witnesses did not have sufficient scientific evidence to support their claims.
Tylenol Lawsuit Settlements
There have been no settlements in lawsuits relating to Tylenol and autism as of January 2024. This may change, as more parents could submit claims for compensation. If these claims are successful, Kenvue may be inclined to offer settlements.
If you are interested in submitting a claim for compensation from Kenvue, do not wait. You can partner with a personal injury lawyer. From here, your attorney can review your case and help you request damages.
Just because you pursue damages does not mean you will get them. At Silver Dollar Financial, we offer personal injury lawsuit loans that guarantee compensation, regardless of how your Tylenol lawsuit turns out. For more information, reach out to us.
How a Tylenol Lawsuit Loan Works
A lawsuit loan does not work the same way as a traditional one you may request from a bank or credit union. To get legal funding, you must hire an attorney. In addition, you must be involved in a lawsuit.
To apply for a lawsuit loan, you only have to share your contact information and details about your case. Next, the legal funding company reviews your submission. It will let you know how much money it can offer and provide a personalized quote.
After you get your quote, you decide whether to move forward. If you accept your quote, you will receive your money. You then have the option to choose how to use it — and do not have to pay it back unless you win or settle your case.
Tylenol Pre-Settlement Funding vs. a Traditional Loan
If you request a loan from a bank or credit union, expect a lengthy process. It may take days or weeks for a financial institution to review your credit score and income history. If the institution approves your request, you will have to pay back your loan in accordance with its terms and conditions.
Comparatively, legal funding is a type of non-recourse loan. It is 100% contingent on the result of your case. If you do not get any compensation, you are not required to pay back your loan.
It may take less time to get a legal loan versus a traditional one, too. Generally, a lawsuit funding company can take a look at your request and approve it in as little as 24 hours. This means you can quickly get the funding you need.
Steps to Get a Tylenol Pre-Settlement Loan
You can fill out an application for pre-settlement funding whenever you choose. The application process usually takes just minutes to complete. You can submit your materials online or over the phone.
Once you file your application, a lawsuit funding company reviews it. The business accounts for the strength of your case and other factors relating to your lawsuit. It does not conduct a credit check or look at your financial history.
A legal funding provider then gives you a custom loan quote. If you are satisfied with the quote, approve it, and your loan company will get your money to you. On the other hand, if you decline the quote, you will not face any fees or penalties.
How to Repay a Tylenol Lawsuit Loan
There is no telling when you will receive a Tylenol lawsuit settlement or if you will get one at all. In the best-case scenario, you secure the compensation you request. If you previously took out a lawsuit loan, you will have to pay it back.
Legal funding repayment is simple. Your attorney gets your settlement and then deducts what you owe for your loan from it. Finally, your lawyer sends a check for your legal funding amount, and you get the remainder of your settlement.
Conversely, if you do not get a settlement, you have nothing to worry about. Your attorney will notify your lawsuit funding company about the result of your case. Then, the business clears your loan balance, and you keep the money that was already given to you.
Apply for Tylenol Lawsuit Funding
Silver Dollar Financial can help you fill out our lawsuit loan application. Our legal funding specialists are here to help you in any way we can. To learn more, contact us today.