MEDTRONIC INC: To Comply With New Jerseys USAO’s Subpoena

Medtronic Inc. will comply as required with the terms of the administrative subpoena issued by New Jersey Attorney General, Division of Consumer Affairs on June 16, 2009, the company disclosed in its company’s latest annual report on Form 10-K filed…

ST. JUDE: 7 Silzone(R)-Coated Products Suits Pending at April 24

Seven individual state court suits concerning Silzone(R)-coated products filed against St. Jude Medical, Inc. were pending as of April 24, 2009, the Company disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission.

Silzone(R)…

ST. JUDE: 3 Silzone(R) Individual Suits Pending as of March 15

Three individual Silzone(R) cases were pending against St. Jude Medical, Inc. in the U.S. federal court as of April 24, 2009, disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission.

Silzone(R) is a…

BAXTER INT’L: Faces Over 50 Lawsuits on Average Wholesale Prices

Baxter International Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission on May 5, 2009, that the company remains a defendant, along with others, in over 50 lawsuits brought in various…

BAXTER INTERNATIONAL: Discovery on Heparin Recall Suits Ongoing

Baxter International Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission on May 5, 2009, that discovery is still ongoing on the lawsuit filed in connection with the recall of heparin…

BAXTER INT’L: 3rd-Party Claims May be Filed on COLLEAGUE Matter

Baxter International Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission on May 5, 2009, that more third party claims may be filed over the Company’s COLLEAGUE and SYNDEO infusion pumps.

On…

SMITH & NEPHEW: Complying with Agreements on Business Practices

Smith & Nephew plc complies with agreements entered into with the U.S. Attorney’s Office in Newark, N.J., and the Office of the Inspector General (OIG) of the U.S. Department of Health and Human Services over the Company’s business practices.

In March…

SMITH & NEPHEW: Working with SEC & DOJ on Foreign Sales Probe

Smith & Nephew plc is working with the U.S. Securities and Exchange Commission and U.S. Department of Justice’s investigation over the sale of medical devices in certain foreign countries.

In September 2007, the SEC notified the Company that it was conducting…

SMITH & NEPHEW: 2009 Hearing Expected in Suit v. Excess Carriers

Smith & Nephew plc says that a hearing, in a lawsuit filed in federal district court in Memphis, Tenn., against certain insurance carriers, is expected to commence in late 2009.

In August 2003, the Company withdrew voluntarily from all markets the…

SMITH & NEPHEW: Contract Breach Lawsuit Settled in January 2009

Smith & Nephew plc and other parties, in January 2009, agreed to settle all disputes over breach of warranties in a 2007 purchase agreement.

In 2008, the Company commenced arbitration against the vendors of a company acquired by the Company in…

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