September 13, 2022
Value Destruction Continues
It was only a matter given all the issues at Medtronic, but investors have finally gotten fed up and have decided to exact their revenge. According to a post on the MassDevice website
“The law firm of Kessler Topaz Meltzer & Check announced last week that it has sued the medtech giant in U.S. District in Minnesota, claiming securities fraud over how it disclosed insulin pump problems.”
According to several sources this is not the only legal action Medtronic will be facing as at least six other firms are considering similar action.
This suit and others in . . .
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