Legal Opinion
In Re St. Jude Medical, Inc., Securities Litigation
District Court, D. Minnesota
Decided June 22, 2009No. 06-CV-1379(JMR/FLN)PublishedCited by 5 opinions
1Opinion of the Court
ORDER
JAMES M. ROSENBAUM, District Judge.
This case asks whether you can switch horses in midstream. Plaintiff-investors filed a class action securities fraud suit against St. Jude Medical, Inc., a St. Paul-based medical device manufacturer. Plaintiffs’ consolidated and amended complaint accuses defendants (collectively referred to as “St. Jude”) of forcing improper bulk sales of implantable cardioverter defibrillator devices in the fourth quarter of 2005, a technique referred to as “channel stuffing.” (Am. Compl. ¶ 28.) In their amended complaint, plaintiffs allege defendants’ channel stuffing…
2Cases cited18 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- Dura Pharmaceuticals, Inc. v. BroudoSupreme Court of the United States · 2005
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3Cited by5 opinions
- In re St. Jude Medical, Inc. Securities LitigationDistrict Court, D. Minnesota · 2011
- Selwyn Karp v. First Connecticut Bancorp, Inc.Court of Appeals for the Fourth Circuit · 2023
- West Virginia Pipe Trades Health & Welfare Fund v. Medtronic, Inc.District Court, D. Minnesota · 2014
- NEW JERSEY & ITS DIVISION OF INVESTMENT v. SprintDistrict Court, D. Kansas · 2010
- ROOFER'S PENSION FUND v. PAPADistrict Court, D. New Jersey · 2023