There is a Federal Class Action Lawsuit against Glucosamine Sulfate, which is marketed under the names Metabolife, Lipitor, and Nuprin. A class action lawsuit is basically claiming that the Obesity Research Center is improperly pushing its non-profit product, the Lipozene Class Action lawsuit formula, with false claims that it is safe and highly effective diet aid products clinical evidence to prove their claim. In fact, Lipozene’s main ingredient, Glucomannan, is a water-soluble dietary fiber having no effect on weight loss or body fat reduction. Another ingredient in this formula is chitin, which is an antioxidant found in many foods. Chitin has been used for thousands of years to help prevent and treat diabetes.
According to the law firm of Jones, et al, which filed the class action lawsuit on behalf of the plaintiffs, the primary manufacturers are guilty of making false and fraudulent claims regarding the benefits of the lipozene class action lawsuit formula. Glucosamine sulfate is relied upon heavily to promote the benefits of the product including its ability to assist in weight loss, prevent diabetes and to promote healthy aging. The ingredients in the lipozene class action lawsuit mixture do not support these claims. The manufacturers also relied upon vague and ineffective statements in the labeling and promotion to make their claims of weight loss and health benefits. The statements referring to the benefits of lipozene in the marketing and labeling materials were inadequate to establish any benefit to the consumer.
In order to support their claims of weight loss and anti-aging effects, the manufacturers of the lipozene class action lawsuit fluid recommended that consumers rely upon untested claims of efficacy and safety through unblinded medical studies conducted by the FDA. The studies were largely inconclusive, indicating that lipozene class action lawsuit fluid was ineffective as an adjuvant treatment for obesity and weight loss. There was no evidence that the substance was effective in preventing diabetes or that it caused weight loss in humans. There was also insufficient evidence to show that the body fat reduction caused by lipozene was not accompanied by a corresponding increase in body fat and increased body mass index (BMI) or other associated risks. Finally, there was no evidence linking the use of the anti-oxidant lipids to improved cardiovascular health.
As a class action lawsuit plaintiff, you will receive a cash settlement, but you will also be entitled to recover punitive and expert compensation. The amount of money recovered will depend on many factors including aggravation, length of time exposed to the defendant’s negligence, the amount of damage and suffering, and presence of another similar case. The more cases and plaintiffs that are successful, the higher the potential recovery. In addition, if your medical bills are paid for with your settlement, the excess funds can be used to offset those costs. These costs may include out of pocket expenses, attorney’s fees, transportation costs and any other out-of-pocket expenses you incurred because of the loss. If you have suffered permanent injury because of the defendant’s negligence, you may also recover lost wages, past and future medical expenses, special needs funds, pain and suffering, and past and future disability.
To recover your award, you must file a class action settlement lawsuit within three years after the date of the occurrence of your injury. On the stipulation of the class action settlement, the court may order compensation based on a percentage of actual financial losses, a percentage of future medical care costs, or a percentage of future earning capacity. The class action settlement does not have a statute of limitations, so you may seek compensation decades after the incident. Once the date of the expiration has passed, the clock begins ticking and the time comes to determine whether you have already recovered all of your losses. If you have not, then you must wait until the statute of limitations expires.
The Lipozene Class Action Lawsuit itself is separate and distinct from any other settlement funds available. Rather than allowing the claims and settlement funds to be tied together, this class action settlement allows the claims to be paid in full. For any settlement funds exceeding one million dollars, a non-recourse or contingent fee is imposed. The premium is payable by the class member only if they receive a recovery. If they do not recover, no recovery will be paid. This ensures that a plaintiff is not forced to pay more than is needed to cover their attorney’s fees.