Investigation Overview
July 26, 2017 (Shareholders Foundation) - An investigation on behalf of investors of Medtronic plc. (NYSE:MDT) shares over potential securities laws violations by Medtronic plc. and certain of its directors and officers in connection with certain financial statements was announced.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Medtronic plc. (NYSE:MDT) concerning whether a series of statements by Medtronic plc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On July 17, 2017, Medtronic plc revealed that a computer crash that shut down Medtronics global ordering, fulfillment, and manufacturing systems on June 19, 2017 would crimp the Companys quarterly sales.