investors can Contact the law firm for free to learn more about recovering their losses
LOS ANGELES, Sept. 15, 2022 (GLOBE NEWSWIRE) — The law firm of Portnoy advises Medtronic plc MDT Investors that a class action lawsuit has been filed on behalf of investors. Medtronic investors who have lost money investing are encouraged to do so Contact Lesley Portnoy, Esq.
Investors are encouraged to contact an attorney Lesley F Portnoyby phone 844-767-8529 or E-mail: [email protected]to discuss your legal rights, or click here to join the case about www.portnoylaw.com. Portnoy Law Firm can provide a free case assessment and discuss investors’ options for making claims to recover their losses.
According to the Complaint, throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Medtronic’s product quality control systems were inadequate; (2) Medtronic had failed to comply with numerous regulations related to risk assessment, corrective and preventive actions, complaint handling, device recalls, and adverse event reporting; (3) these errors increased the risk of regulatory investigations and actions; (4) due to the company’s misconduct, the US Food and Drug Administration (“FDA”) would delay approval of other Medtronic MiniMed devices, including the MiniMed 780G; (5) these product approval delays and the Company’s need to improve its quality control systems would adversely affect Medtronic’s financial performance and cause it to continue to lag behind its competitors; and (6) as a result of the foregoing, the statements made by the defendants regarding the Company’s business, operations and prospects were unfounded. As the true details emerged, the lawsuit alleges that investors suffered damage.
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Portnoy law firm represents investors in asserting claims against corporate-caused…
Read full story here https://www.benzinga.com/pressreleases/22/09/g28889730/medtronic-plc-investors-class-action-lawsuit-filed-on-behalf-of-investors-the-portnoy-law-firm