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IN RE ST. JUDE MEDICAL, INC. SECURITIES LITIGATION

Civil No. 10-0851 (SRN/TNL).

836 F.Supp.2d 878 (2011)

In re ST. JUDE MEDICAL, INC. SECURITIES LITIGATION.

United States District Court, D. Minnesota.

December 23, 2011.

Attorney(s) appearing for the Case

Dennis J. Herman , and Matthew S. Melamed , Robbins Geller Rudman & Dowd LLP, San Francisco, CA, Carolyn G. Anderson , and Brian C. Gudmundson , Zimmerman Reed, P.L.L.P., Minneapolis, MN, for Plaintiffs.

James K. Langdon , Michelle S. Grant , and Eric R. Sherman , Dorsey & Whitney LLP, Minneapolis, MN, for Defendants.

MEMORANDUM OPINION AND ORDER

SUSAN RICHARD NELSON, District Judge.

This matter is before the court on Defendants' motion to dismiss (Doc. No. 36). For the reasons stated below, this Court grants the motion in part and denies it in part.

I. FACTUAL AND PROCEDURAL BACKGROUND

In this securities fraud action, Lead Plaintiff Building Trades Pension Trust Fund and Plaintiff City of Taylor Police and Fire Retirement System claim that Defendant...

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