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IN RE BOSTON SCIENTIFIC CORP. ERISA LITIGATION

Civil Action No. 06-10105-JLT.

506 F.Supp.2d 73 (2007)

In re BOSTON SCIENTIFIC CORPORATION ERISA LITIGATION.

United States District Court, D. Massachusetts.

August 27, 2007.

Attorney(s) appearing for the Case

Pavel Bespalko, Law Office of Joel, Eigerman, Laurence B. Cote', Joel Z. Eigerman, Attorney-at-Law, David Pastor, Gilman and Pastor, LLP, Thomas A. Reed, Holtz & Reed, LLP, Bowdoin Square, Eugene J. Sullivan III, Holtz & Reed, LLP, Boston, MA, Katherine B. Bornstein, Edward W. Ciolko, Joseph H. Meltzer, Schiffrin Barroway Topaz & Kessler, LLP, Radnor, PA, Lori G. Feldman, Arvind Khurana, Milberg, Weiss, Bershad & Schulman LLP, Joshua D. Glatter, Jennifer K. Hirsh, Samuel K. Rosen, Wechsler Harwood, LLP, Robert I. Harwood, Harwood Feffer LLP, Judith Scolnick, Scott & Scott, New York, NY, Nancy F. Gans, Moulton & Gans, P.C. Wellesley, MA, Geoffrey M. Johnson, Scott & Scott, LLC, Falls, OH, David Randell Scott, Scott & Scott LLC, Colchester, CT, for Plaintiffs.

Stuart J. Baskin, Shearman & Sterling, LLP, John Gueli, William A. Haddad, Kirsten M. Nelson, Michael T. Rasnick, Shearman & Sterling LLP, New York, NY, Timothy J. Perla, Monika A. Wirtz, WilmerHale LLP, Boston, MA, for Defendants.

MEMORANDUM

TAURO, District Judge.

Plaintiffs bring this consolidated putative class action against Boston Scientific and alleged fiduciaries of Boston Scientific Corporation's 401(K) Retirement Savings Plan (the "Plan"). Plaintiffs assert that Defendants breached their fiduciary duty to the Plan and to participants of the Plan, in violation of ERISA, by imprudently selecting company stock as an investment, despite knowledge that the stock price was...

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