1st Circ. Backs Dismissal Of Abiomed Heart Pump Fraud Suit
By Pete Brush ( February 9, 2015, 12:01 PM EST) -- The First Circuit has affirmed dismissal of another securities fraud class action against Abiomed Inc., finding that plaintiff-investors failed to allege the medical device maker meant to trick investors when it said company policy was to avoid off-label marketing when in fact the company was heavy promoting off-label uses for a heart pump....
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