04/28/2010 - A federal judge in Minnesota on Tuesday rejected a plea agreement between the federal government and the Guidant Corporation, saying that the deal did not hold the company sufficiently accountable for an episode in which it sold potentially defective heart defibrillators. More>>>
05/14/2009 - In a decision released May 8, 2009, Justice Cullity of the Ontario Superior Court of Justice certified a national class action against Guidant Corporation (subsequently purchased by Boston Scientific) on behalf of a class of 28, 443 individuals for claims relating to allegedly defective pacemakers. Litigation in the U.S. resulted in a settlement of $240 million in late 2007 on behalf of approximately 8,000 plaintiffs. More>>>
12/14/2008- Dr. Robert Hauser of the Minneapolis Heart Institute Foundation has said in today’s New England Journal of Medicine that he is not confident in the test guidelines for a next-generation heart defibrillator under development by Medtronic, Inc., Boston Scientific Corporation, and St. Jude Medical, Inc., reports the Star Tribune. More>>>
02/04/2008 - Boston Scientific Corp., the world's second-largest maker of heart devices, posted a loss on costs for legal expenses and job cuts. Sales rose more than analysts' estimated, boosting the shares in extended trading. More>>>