{"id":402324,"date":"2020-12-17T16:11:55","date_gmt":"2020-12-17T21:11:55","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=402324"},"modified":"2020-12-17T16:11:55","modified_gmt":"2020-12-17T21:11:55","slug":"shareholder-alert-block-leviton-llp-reminds-investors-that-it-has-filed-a-lawsuit-against-boston-scientific-corporation-for-securities-fraud-investors-who-lost-money-should-contact-the-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-block-leviton-llp-reminds-investors-that-it-has-filed-a-lawsuit-against-boston-scientific-corporation-for-securities-fraud-investors-who-lost-money-should-contact-the-firm\/","title":{"rendered":"SHAREHOLDER ALERT: Block &amp; Leviton LLP Reminds Investors that it has Filed a Lawsuit Against Boston Scientific Corporation for Securities Fraud; Investors Who Lost Money Should Contact the Firm"},"content":{"rendered":"<div class=\"mw_release\">\n<p>BOSTON, Dec.  17, 2020  (GLOBE NEWSWIRE) &#8212; On November 17, 2020, Boston Scientific Corporation (NYSE: BSX) stunned the markets when it announced that it had \u201cinitiated a global, voluntary recall of the unused inventory of the LOTUS Edge Aortic Valve System due to complexities associated with the product.\u201d The Company further stated that it \u201chas chosen to retire the entire LOTUS product platform immediately,\u201d and that it expected to record $225 to $300 million in pre-tax GAAP charges as a result of this decision. BSX shares fell approximately 8% on heavier than usual volume, representing billions of dollars in lost market capitalization.<\/p>\n<p>Block &amp; Leviton LLP (<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=3__l9SqqgURUNRjFxwQ43Mf25phiz1vtB8Z0KHrYOxqjCzb8_eWW0OtC59d7DCJKuPtwNyYLtAV69jCVF8b5GBFqmvXuV6lDsKguakYnMHU=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.blockleviton.com<\/a>), a national securities litigation firm, reminds investors that it has filed a class action lawsuit on behalf of shareholders against Boston Scientific and certain of its executives for securities fraud. Investors who purchased BSX shares between April 24, 2019 and November 16, 2020 and who lost money are strongly encouraged to contact Block &amp; Leviton attorneys at (617) 398-5600, via email at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=zFE_WqXEqfBAYzyVc6OtthNYaRBMHvXV_afUuzbGXdpq4I8YgHIe8DUO8dqXkHhgDy6wKvikU_kIskZWhh663putD43QKCUWB1CoacC1D70=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">cases@blockleviton.com<\/a>, or at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=xKJ6FnIf4hxLCc1_rbWxZ08pGRc-e8beBxZ-LNWqy1mxFi_teV0080Jb-qrPDY6SG3PDEUXTf3T9jR__8l-XV7jf0G3apZukqpbfAzDDKTYEmGE2_m8GGL3P_bk09NWlVp6YGYoulQe4vpcfTuAPVg==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.blockleviton.com\/cases\/bsx<\/a>. The lead plaintiff deadline is February 2, 2021.<\/p>\n<p>The lawsuit was filed in the U.S. District Court for the District of Massachusetts, located at the John Joseph Moakley U.S. Courthouse, 1 Courthouse Way, Suite 2300, Boston, MA 02210. The case is captioned <em>Errichiello v. Boston Scientific Corp., et al.<\/em>, No. 1:20-cv-12225 (D. Mass.), and has been assigned to the Honorable Douglas P. Woodlock. A related action has been filed in the Eastern District of New York, <em>Jevons v. Boston Scientific Corp., et al.<\/em>, No. 1:20-cv-05894 (E.D.N.Y.).<\/p>\n<p>If you purchased or acquired shares of Boston Scientific between April 24, 2019 and November 16, 2020 and have questions about your legal rights or possess information relevant to this matter, please contact Block &amp; Leviton attorneys at (617) 398-5600, via email at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=zFE_WqXEqfBAYzyVc6OtthNYaRBMHvXV_afUuzbGXdqNEdqiWs08okJ4FlzVZ1euTDRjRavIx-DlfHUC_P25DDG9RqgBymWEFJwkG1qkZTE=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">cases@blockleviton.com<\/a>, or at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=xKJ6FnIf4hxLCc1_rbWxZ08pGRc-e8beBxZ-LNWqy1mxFi_teV0080Jb-qrPDY6SZmGwhrYXaP6Heiedecd6lBkvefDe-_k6PR6gN0No3cyZOBCck-KaNROx9eeAZn7U2S1dooqje1DoyzozPqVxCg==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.blockleviton.com\/cases\/bsx<\/a>. The deadline to seek appointment as lead plaintiff in the matter is February 2, 2021.<\/p>\n<p>Block &amp; Leviton LLP is a firm dedicated to representing investors and maintaining the integrity of the country\u2019s financial markets. The firm represents many of the nation\u2019s largest institutional investors as well as individual investors in securities litigation throughout the United States. The firm\u2019s lawyers have recovered billions of dollars for its clients.<\/p>\n<p>This notice may constitute attorney advertising.<\/p>\n<p>CONTACT:<br \/>BLOCK &amp; LEVITON LLP<br \/>260 Franklin St., Suite 1860<br \/>Boston, MA 02110<br \/>Phone: (617) 398-5600<br \/>Email: cases@blockleviton.com<br \/>SOURCE: Block &amp; Leviton LLP<br \/>www.blockleviton.com<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNDM3NyMzODg3NDYyIzIwMTgxMTk=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/9ea32357-2af6-4591-b879-64989bcc662d\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>BOSTON, Dec. 17, 2020 (GLOBE NEWSWIRE) &#8212; On November 17, 2020, Boston Scientific Corporation (NYSE: BSX) stunned the markets when it announced that it had \u201cinitiated a global, voluntary recall of the unused inventory of the LOTUS Edge Aortic Valve System due to complexities associated with the product.\u201d The Company further stated that it \u201chas chosen to retire the entire LOTUS product platform immediately,\u201d and that it expected to record $225 to $300 million in pre-tax GAAP charges as a result of this decision. BSX shares fell approximately 8% on heavier than usual volume, representing billions of dollars in lost market capitalization. Block &amp; Leviton LLP (www.blockleviton.com), a national securities litigation firm, reminds investors that it has filed a class &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-block-leviton-llp-reminds-investors-that-it-has-filed-a-lawsuit-against-boston-scientific-corporation-for-securities-fraud-investors-who-lost-money-should-contact-the-firm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SHAREHOLDER ALERT: Block &amp; Leviton LLP Reminds Investors that it has Filed a Lawsuit Against Boston Scientific Corporation for Securities Fraud; Investors Who Lost Money Should Contact the Firm&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-402324","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SHAREHOLDER ALERT: Block &amp; Leviton LLP Reminds Investors that it has Filed a Lawsuit Against Boston Scientific Corporation for Securities Fraud; Investors Who Lost Money Should Contact the Firm - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-block-leviton-llp-reminds-investors-that-it-has-filed-a-lawsuit-against-boston-scientific-corporation-for-securities-fraud-investors-who-lost-money-should-contact-the-firm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SHAREHOLDER ALERT: Block &amp; Leviton LLP Reminds Investors that it has Filed a Lawsuit Against Boston Scientific Corporation for Securities Fraud; Investors Who Lost Money Should Contact the Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BOSTON, Dec. 17, 2020 (GLOBE NEWSWIRE) &#8212; On November 17, 2020, Boston Scientific Corporation (NYSE: BSX) stunned the markets when it announced that it had \u201cinitiated a global, voluntary recall of the unused inventory of the LOTUS Edge Aortic Valve System due to complexities associated with the product.\u201d The Company further stated that it \u201chas chosen to retire the entire LOTUS product platform immediately,\u201d and that it expected to record $225 to $300 million in pre-tax GAAP charges as a result of this decision. BSX shares fell approximately 8% on heavier than usual volume, representing billions of dollars in lost market capitalization. Block &amp; Leviton LLP (www.blockleviton.com), a national securities litigation firm, reminds investors that it has filed a class &hellip; Continue reading &quot;SHAREHOLDER ALERT: Block &amp; Leviton LLP Reminds Investors that it has Filed a Lawsuit Against Boston Scientific Corporation for Securities Fraud; Investors Who Lost Money Should Contact the Firm&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-block-leviton-llp-reminds-investors-that-it-has-filed-a-lawsuit-against-boston-scientific-corporation-for-securities-fraud-investors-who-lost-money-should-contact-the-firm\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-17T21:11:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNDM3NyMzODg3NDYyIzIwMTgxMTk=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-block-leviton-llp-reminds-investors-that-it-has-filed-a-lawsuit-against-boston-scientific-corporation-for-securities-fraud-investors-who-lost-money-should-contact-the-firm\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-block-leviton-llp-reminds-investors-that-it-has-filed-a-lawsuit-against-boston-scientific-corporation-for-securities-fraud-investors-who-lost-money-should-contact-the-firm\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SHAREHOLDER ALERT: Block &amp; 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BSX shares fell approximately 8% on heavier than usual volume, representing billions of dollars in lost market capitalization. Block &amp; Leviton LLP (www.blockleviton.com), a national securities litigation firm, reminds investors that it has filed a class &hellip; Continue reading \"SHAREHOLDER ALERT: Block &amp; Leviton LLP Reminds Investors that it has Filed a Lawsuit Against Boston Scientific Corporation for Securities Fraud; Investors Who Lost Money Should Contact the Firm\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-block-leviton-llp-reminds-investors-that-it-has-filed-a-lawsuit-against-boston-scientific-corporation-for-securities-fraud-investors-who-lost-money-should-contact-the-firm\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-17T21:11:55+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNDM3NyMzODg3NDYyIzIwMTgxMTk=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-block-leviton-llp-reminds-investors-that-it-has-filed-a-lawsuit-against-boston-scientific-corporation-for-securities-fraud-investors-who-lost-money-should-contact-the-firm\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-block-leviton-llp-reminds-investors-that-it-has-filed-a-lawsuit-against-boston-scientific-corporation-for-securities-fraud-investors-who-lost-money-should-contact-the-firm\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"SHAREHOLDER ALERT: Block &amp; 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