Legal Opinion
Shoemaker v. Cardiovascular Sys., Inc.
District Court, D. Maine
Decided January 10, 2018No. Civil No. 16–568 (DWF/KMM)PublishedCited by 5 opinions
1Opinion of the Court
DONOVAN W. FRANK, United States District Judge
INTRODUCTION
The plaintiffs in this case are shareholders of a publicly traded, medical-device company that allegedly violated securities laws by making material misstatements regarding illegal kickbacks paid to doctors. This matter is before the Court on the defendants' motion to dismiss. For the reasons discussed below, the Court grants the defendants' motion.
BACKGROUND
Cardiovascular Systems, Inc. ("CSI") is a publicly traded company that primarily develops and manufactures medical devices for the treatment of peripheral arterial disease and…
2Cases cited21 opinions
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- Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
- Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Matrixx Initiatives, Inc. v. SiracusanoSupreme Court of the United States · 2011
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3Cited by5 opinions
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