Legal Opinion
In Re Boston Scientific Corp. Securities Litigation
Court of Appeals for the First Circuit
Decided July 12, 2012No. 11-2250PublishedCited by 68 opinions
1Opinion of the Court
BOUDIN, Circuit Judge.
This case charging securities fraud was brought in the district court as a class action on behalf of a proposed class of shareholders of Boston Scientific Corporation (“Boston Scientific”). Boston Scientific is a large publicly traded company that makes and sells medical devices; it produces numerous products across a range of medical fields, operates in multiple countries and employs over 25,000 people. The charges made, now common when a company’s stock price declines suddenly, rest on the following allegations and background facts.
A substantial portion of Boston…
2Cases cited17 opinions
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3Cited by68 opinions
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