Holzer Holzer & Fistel, LLC Announces That a Shareholder Class Action Lawsuit Has Been Filed Against St. Jude Medical, Inc.

Holzer Holzer & Fistel, LLC announces that a class action lawsuit has been filed in the United States District Court for District of Minnesota against St. Jude Medical, Inc. (“St. Jude” or the “Company”)(NYSE: STJ) and certain of its officers. The complaint alleges, among other things, that St. Jude’s lacked a reasonable basis for its positive statements regarding the Company’s earnings and business prospects. The complaint alleges the Company knew but failed to adequately disclose that it was experiencing reduced demand for its products as hospitals delayed and reduced purchases.

The investigation focuses on, among other things, whether St. Jude’s board of directors complied with their fiduciary duties in light of the allegations made in the class action complaint filed against the Company. If you are a long-term shareholder of St. Jude and have questions concerning your legal rights, you are encouraged to contact Holzer Holzer & Fistel, LLC and its attorneys Michael I. Fistel Jr., Esq. or Marshall P. Dees, Esq. via email at mfistel@holzerlaw.com, or mdees@holzerlaw.com, or via toll-free telephone at (888) 508-6832.

Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm. Holzer Holzer & Fistel, LLC has paid for the dissemination of this promotional communication, and Michael I. Fistel, Jr. is the attorney responsible for its content.

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