High Court Limits Device Liability With Medtronic

Law360, New York (February 20, 2008, 12:00 AM EST) -- In a big win for the medical device industry, the U.S. Supreme Court ruled 8-1 Wednesday that a company cannot be sued under state law if a device that has undergone the U.S. Food and Drug Administration's premarket approval process causes an injury.

The decision in Riegel v. Medtronic could cut the number of such lawsuits brought by plaintiffs attorneys and even increase investments in companies like Medtronic Inc., said a mass tort attorney Wednesday. The ruling also may give hints as to how the high...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

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.