Guidant Class Action Lawsuit

Law Firms Band Together in $500 Million Battle Against Guidant

September 8, 2005—Three leading law firms in Quebec and Ontario have combined forces in a national class action lawsuit on behalf of all Canadians who have received potentially defective defibrillators and pacemakers manufactured by Guidant Corporation.

The three firms have commenced legal proceedings in Ontario and Quebec. The lawsuits seek approximately five hundred million dollars ($500,000,000.00) in damages.

Lauzon, Belanger, Quebec’s most experienced class action law firm, recently commenced legal proceedings in Montreal. Mr James Bolton, a retired business man and English teacher from Saint-Jérôme, is seeking the authorization from the Superior Court of Quebec to act as a representative plaintiff on behalf of the Quebec Class.

Ontario legal proceedings were commenced in Toronto few days earlier, by James Newland of Lerners LLP and Greg Monforton of Greg Monforton and Partners.

All 3 law firms issued this statement:

“As our investigation unfolds, we are increasingly concerned about the conduct of Guidant Corporation. This company knew of significant problems with certain models of defibrillators and pacemakers yet did nothing to warn medical professionals and patients of these problems. As a result, patients do not know if their implant will work or if it will fail. We believe Guidant misled the public, the medical community and its own shareholders by marketing and distributing devices that it knew carried a significant risk of failure. We also believe that Guidant pursued profit at the expense of the safety and well being of the general public.

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