Federal judge rejects $296 million Guidant plea deal

April 27, 2010 by MassDevice staff

A federal judge in Minnesota rejects a guilty plea and $296 million penalty Boston Scientific Corp. would have paid to settle a case against its Guidant Corp. subsidiary over faulty defibrillators.

BSX, Guidant logos

A federal judge today rejected a $296 million plea agreement between the U.S. Justice Dept. and Boston Scientific Corp. (NYSE:BSX) subsidiary Guidant Corp. over faulty implantable defibrillators.

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