July 1, 2013
/PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Medtronic, Inc. ("Medtronic" or the "Company") (NYSE: MDT).
The investigation focuses on whether the Company and its executives violated federal securities laws with respect to its disclosures concerning business, operational, and compliance policies. Specifically, the investigation focuses on whether Medtronic made false and misleading statements concerning the use of its INFUSE® Bone Graft ("Infuse") product in order to reduce pain and complications in connection with degenerative disc disease treatment.
After receiving an inquiry from the U.S. Senate regarding Infuse and the publication of
The Spine Journal
issue critical of Infuse, on
August 3, 2011
, the Company announced that it would not only release Infuse data to
researchers, but that it would pay
to, among other things, create a database that could be used by the public to access information about Infuse. Following this news and subsequent analyst reports, Medtronic's stock price dropped nearly 24% from its Class Period high
Request more information now by clicking here: www.faruqilaw.com/MDT. There is no cost or obligation to you.
If you invested in Medtronic's stock or options between
December 8, 2010
August 3, 2011
and would like to discuss your legal rights, visit
. You can also contact us by calling
toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to
Faruqi & Faruqi, LLP also encourages anyone with information regarding Medtronic's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
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). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
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