Possis Medical, Inc. Wins Motion To Dismiss Shareholder Lawsuit

MINNEAPOLIS--(BUSINESS WIRE)--Possis Medical, Inc. (NASDAQ:POSS), a developer, manufacturer and distributor of pioneering medical devices used in endovascular procedures, today announced that the United States District Court for Minnesota has dismissed, with prejudice, the consolidated amended complaint in a shareholder class action lawsuit filed against Possis Medical and two of its executive officers, entitled “In re Possis Medical, Inc., Securities Litigation.”

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