Law360, New York (June 24, 2009) -- In dismissing the case on summary judgment, a federal judge has ruled that shareholders suing medical device maker St. Jude Medical Inc. for a steep 2006 stock loss cannot “change horses in midstream” by altering their theory of how the losses occurred.
In a ruling Monday, Judge James M. Rosenbaum of the U.S. District Court for the District of Minnesota said that the plaintiffs' move to change their pleading theory in the...
