Square Peg, Round Hole: Product Defects And The FCA
February 8, 2011, 2:19 PM EST
Law360, New York (February 8, 2011, 2:19 PM EST) -- On Jan. 27, 2011, the United States filed its complaint-in-intervention in United States ex rel. Allen v. Guidant LLC et al. (including Boston Scientific Corp.), Case No. 0:11-cv-00022 (D. Minn.). The Guidant case involves the events surrounding medical device manufacturer Guidant’s recall of the Prizm 2 and Contak Renewal 1 and 2 cardiac devices in June 2005.
According to publicly available information, Guidant, which was acquired by Boston Scientific Corp. in 2006, has already paid more than $550 million in fines and civil settlements to resolve...
Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.