Sunday, September 24, 2023
Courthouse News Service
Sunday, September 24, 2023 | Back issues
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St. Jude Medical

MINNEAPOLIS - A federal judge certified a class claiming that pacemaker-maker St. Jude Medical misled shareholders about the safety of defibrillator leads.

Back in 2011, the Minnesota device maker reached a $16 million settlement with the Justice Department over kickback allegations. Forsta AP-Fonden and Danske Invest Management are the lead plaintiffs in the shareholder class action.

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