(Bloomberg) -- Medtronic Inc., the world's largest
maker of electronic heart devices, has agreed to pay more than
$75 million to settle lawsuits claiming it hid defects in its
defibrillators, people with direct knowledge of the accord said.
The settlement will resolve about 2,000 claims over battery
defects in Medtronic's implantable defibrillators, which
automatically send electric jolts to correct heart rhythms that
are potentially fatal, according to three people familiar with
the agreement.
Read more at Bloomberg Exclusive News
maker of electronic heart devices, has agreed to pay more than
$75 million to settle lawsuits claiming it hid defects in its
defibrillators, people with direct knowledge of the accord said.
The settlement will resolve about 2,000 claims over battery
defects in Medtronic's implantable defibrillators, which
automatically send electric jolts to correct heart rhythms that
are potentially fatal, according to three people familiar with
the agreement.
Read more at Bloomberg Exclusive News
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