Boston Scientific Securities Litigation Settlement
This settlement is closed to new claims. You can still see what it was about and follow the case in court below. Looking for money you can still claim? Browse open settlements →
What happened
Investors alleged that Boston Scientific Corporation and certain executives made false and misleading statements regarding the company's Lotus Edge medical device, violating federal securities laws. The company and executives denied the allegations and agreed to settle for $38,500,000.
Do you qualify?
The Settlement Class includes all persons or entities who purchased or otherwise acquired Boston Scientific common stock between September 16, 2020 and November 16, 2020, inclusive, and were damaged thereby. Excluded are company defendants, their family members, company officers and directors, company affiliates, and those who requested exclusion.
How to file
Claims administration has been completed as of February 7, 2025. Distributions to eligible court-approved claimants have occurred in April 2025 and February 2026, with subsequent distributions on a rolling basis. Contact the Claims Administrator at 877-595-0084 or info@BostonScientificSecuritiesLitigation.com for questions about your claim status.
Common questions
- How much does the Boston Scientific Securities Litigation Settlement pay?
- The total settlement fund is $38.5M. Actual amounts depend on how many valid claims are filed — most settlements divide a fixed fund pro rata, so a higher claim rate means a smaller individual check. An "up to" figure is a cap, not a guarantee.
- Is the Boston Scientific Securities Litigation Settlement notice real, or a scam?
- JND Legal Administration is the settlement administrator for this case. Claims are filed at bostonscientificsecuritieslitigation.com. Filing a class action claim is always free — no legitimate settlement charges you to claim, and no administrator will ask for payment, a gift card, or your full Social Security number by email or text. If a notice asks for any of those, it is not from the administrator. When in doubt, ignore the link you were sent and go to the official settlement website directly.
- When will payments from the Boston Scientific Securities Litigation Settlement be sent?
- Class action payouts typically take 12 to 24 months after the claim deadline, and longer if the settlement is appealed. The final approval hearing for this case is set for April 23, 2024; no payments can be issued before a settlement receives final approval.
New to class actions?
This summary was generated from public settlement documents and may contain errors. Confirm eligibility, deadlines, and payment terms on the official settlement website before filing. ClaimWatch is not a law firm and this is not legal advice. Filing a claim is free.
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