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Investigation announced for Long-Term Investors in shares of Boston Scientific Corporation (NYSE: BSX)

10-08-2019 04:07 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in Boston Scientific Corporation (NYSE: BSX) shares.

An investigation on behalf of current long term investors in Boston Scientific Corporation (NYSE: BSX) shares.

Certain directors of Boston Scientific Corporation are under investigation concerning potential breaches of fiduciary duties.

Investors who are current long term investors in Boston Scientific Corporation (NYSE: BSX) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for investors in NYSE: BSX stocks follows a lawsuit filed against Boston Scientific Corporation over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: BSX stocks, concerns whether certain Boston Scientific directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges that the Defendants made false and/or misleading statements and/or failed to disclose that Boston Scientific's surgical mesh products indicated for the transvaginal repair of POP were unsafe, that accordingly, Boston Scientific's continued marketing and sales of these devices in the United States was unlikely to be sustainable, that separately, the Company had sold vaginal mesh implants containing counterfeit or adulterated resin products imported from China, that the foregoing conduct subjected the Company to a heightened risk of regulatory scrutiny and/or government investigations, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Boston Scientific Corporation (NYSE: BSX) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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