New Plaintiffs Try To Revive Medtronic ERISA Action

Law360, New York (June 24, 2009, 12:00 AM EDT) -- Two Medtronic Inc. employees are attempting to revive a putative class action alleging that the medical device maker and its executives breached their fiduciary duties in connection with two Medtronic products, causing company-sponsored retirement plans to lose value.

Christine Wright and Kathy Breiwick on Tuesday filed a motion in the U.S. District Court for the District of Minnesota to intervene as plaintiffs in the case, about a month after Judge Richard Kyle dismissed the original complaint brought by former Medtronic employee Mark Brown under the Employee...
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