Verus is pleased to announce that we have completed the acquisition of MFR Claims Processing, Inc., a PA-based asbestos claims management company.
MFR Claims Processing, Inc. started operations in February 2004 as the claims handling entity for the Shook & Fletcher Asbestos Settlement Trust. Starting in 2005, MFR has also managed the claims review process for a number of additional trusts including the APG Asbestos Trust, Duro Dyne Asbestos Personal Injury Trust, George V. Hamilton, Inc. Asbestos Trust, Hercules Chemical Company, Inc. Asbestos Settlement Trust, JT Thorpe Company Successor Trust, Leslie Controls, Inc. Asbestos Personal Injury Trust, Maremont Asbestos Personal Injury Trust, Metex Asbestos PI Trust, Sepco Asbestos Personal Injury Trust and State Insulation Corporation Asbestos PI Trust.
Verus is an innovative litigation support services firm serving mass tort lawyers and their firms nationally. The firm provides a full suite of services, including Case Management & Medical Review Services, Settlement Administration, Business & Advisory Services, and Analytics. Before founding Verus in 2004, the firm’s principals helped design some of the earliest mass tort settlements and in the process, administered more than 450,000 asbestos personal injury claims and disbursed more than $6 billion in settlement funds and expenses. Since 2004, we have administered over 7 million personal injury claims and disbursed billions more in settlement funds.
The acquisition of MFR will further enhance Verus’ ability to provide end-to-end litigation support to law firms working on mass torts involving toxic exposures, defective medical devices, and dangerous drugs. The experts who work at Verus have decades of experience in handling cases involving exposures to toxic products such as asbestos, talc, and Roundup; defective medical devices including IVC filters, hernia mesh and transvaginal mesh; and dangerous drugs including, Invokana, Taxotere, PPIs, Xarelto, Benicar and Zofran. Based in Princeton, NJ and with offices in Pennsylvania, New Jersey, and Texas, Verus serves law firms and settlement trusts across the continental U.S.
“We are very excited for MFR to join the growing Verus team. We look forward to leveraging the combined strength of both companies to even better serve our customers in the pre- and post-settlement litigation world. We are proud to represent now 45 Asbestos trusts as their claims administration partner” said Mark Eveland, President & CEO of Verus, LLC.
For more information about Verus, please call 609-466-0427 or visit www.verusllc.com