Home » SECURITIES FRAUD CASE FIRST FILED BY SCOTT + SCOTT, LLC AGAINST GUIDANT GIVES MARKET A SHOCK
SECURITIES FRAUD CASE FIRST FILED BY SCOTT + SCOTT, LLC AGAINST GUIDANT GIVES MARKET A SHOCK
Scott + Scott, LLC clients and shareholders watched Guidant Corporation stock
tumble more than 11% as Johnson & Johnson indicated it was exploring the
terms of its approaching purchase of the defibrillator manufacturer. Scott +
Scott filed the first securities case in the country against Guidant in the
United States District Court for the Southern District of Indiana on June 24,
2005 due to its alleged medical device equipment failure and significantly belated
notification to physicians (case number 1:05-cv-0951-JDT-TAB).
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KEYWORDS FDAnews Device Daily Bulletin
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