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KOCOCINSKI v. COLLINS

Civil No. 12-633 (JRT/JJG).

935 F.Supp.2d 909 (2013)

Charlotte KOCOCINSKI, Derivatively On Behalf of Medtronic, Inc., Plaintiff, v. Arthur D. COLLINS, Jr., William A. Hawkins, Gary Ellis, Richard H. Anderson, David Calhoun, Victor J. Dzau, Shirly Ann Jackson, James T. Lenehan, Denise M. O'Leary, Kendall J. Powell, Robert C. Pozen, Jean-Pierre Rosso, Jack W. Schuler, Michael R. Bonsignore, Gordon M. Sprenger, William R. Brody, Omar Ishrak, Defendants, and Medtronic, Inc., Nominal Defendant.

United States District Court, D. Minnesota.

March 25, 2013.

Attorney(s) appearing for the Case

Francis A. Bottini, Jr., Bottini & Bottini, Inc., La Jolla, CA; and Garrett D. Blanchfield, Jr., Reinhardt Wendorf & Blanchfield, St. Paul, MN, for plaintiff.

Peter W. Carter and Michelle S. Grant, Dorsey & Whitney LLP, MN, for defendants.

Patrick S. Williams, Briggs & Morgan, PA, Minneapolis, MN, for nominal defendant.

MEMORANDUM OPINION AND ORDER GRANTING DEFENDANTS' MOTION TO DISMISS

JOHN R. TUNHEIM, District Judge.

This is a shareholder derivative action brought by Charlotte Kococinski on behalf of nominal party Medtronic, Inc. ("Medtronic") against many of Medtronic's current and former directors and officers, alleging that defendants breached fiduciary duties and violated securities laws by failing to prevent and misleadingly concealing Medtronic's illegal marketing...

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