San Diego, CA -- (SBWIRE) -- 11/09/2022 -- The Shareholders Foundation announced that a deadline is coming up on H November 7, 2022 in the lawsuit filed for certain investors of Medtronic plc (NYSE: MDT).

Investors who purchased shares of Medtronic plc (NYSE: MDT) have certain options and there are strict and short deadlines running. Deadline: November 7, 2022. NYSE: MDT stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff alleges on behalf of purchasers of Medtronic plc (NYSE: MDT) common shares between June 8, 2019, and May 25, 2022, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between June 8, 2019, and May 25, 2022, he Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts, about the company's business and operations by failing to disclose that Medtronic plc's product quality control systems were inadequate, that Medtronic had failed to comply with numerous regulations regarding risk assessment, corrective and preventive action, complaint handling, device recalls, and reporting of adverse events, that these failures increased the risk of regulatory investigation and action, that as a result of the company's misconduct, the FDA would delay the approval of additional Medtronic MiniMed devices, including the MiniMed 780G, that these delays in product approvals, as well as the company's need to improve its quality control systems, would negatively affect Medtronic's financial performance and cause it to fall further behind its competitors, and that as a result of the foregoing, Defendants' statements about the company's business, operations, and prospects lacked a reasonable basis.

Those who purchased shares of Medtronic plc (NYSE: MDT) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.