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St. Jude Medical, Inc. (NYSE:STJ) Investor Investigation Concerning Potential Wrongdoing Announced

  • If you purchased shares of St. Jude Medical, Inc. (NYSE:STJ), you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
St. Jude Medical, Inc.
Security
NYSE: STJ

Summary

April 29, 2014 (Shareholders Foundation) - An investigation on behalf of current long-term stockholders of shares of St. Jude Medical, Inc. (NYSE:STJ) concerning whether certain St. Jude Medical officers and directors possibly breached their fiduciary duties in connection with certain statements was announced.

The investigation by a law firm concerns whether certain St. Jude Medical officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

St. Jude Medical, Inc. reported that its Total Revenue declined from over $5.61 billion for the 52 weeks period that ended on Dec. 31, 2011 to over $5.5 billion for the 52 weeks period that ended on Dec. 28, 2013. Shares of St. Jude Medical, Inc. (NYSE:STJ) grew from $32.03 per share in November 2012 to as high as $68.48 per share in March 2014.

On April 29, 2014, NYSE:STJ shares closed at $63.39 per share.

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