Minn. hearing begins on Guidant $296M plea deal

A hearing is under way in federal court in St. Paul, Minn., on a plea deal by the Guidant division of Boston Scientific Corp. over its failure to properly disclose problems with some of its implantable heart devices.

The plea deal calls for Guidant to pay more than $296 million. Prosecutors say it's the largest criminal penalty ever assessed against a medical device company.

Guidant agreed to plead guilty to two misdemeanor counts - submitting a false statement to regulators about one model and failure to notify them about a safety correction to another line of devices.

Attorneys for patients who have sued Guidant have objected because the deal doesn't require the company to pay restitution.

A judge must approve the deal.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

Create a More Connected Minnesota

MPR News is your trusted resource for the news you need. With your support, MPR News brings accessible, courageous journalism and authentic conversation to everyone - free of paywalls and barriers. Your gift makes a difference.