NYSE:BSXMedical Equipment
Boston Scientific Faces EP Lawsuits As Trials And New Devices Shift Outlook
Multiple securities class action lawsuits have been filed against Boston Scientific (NYSE:BSX) alleging misrepresentation of growth prospects in its U.S. Electrophysiology segment.
The suits follow mixed guidance from the company and rising competitive pressure in the electrophysiology market.
At the same time, Boston Scientific reported positive data from the CHAMPION-AF and HI-PEITHO trials and secured FDA clearance for the Asurys Fluid Management System.
These legal actions and clinical...