Welcome to the Medtronic Securities Settlement Website

This website has been established to provide general information regarding the proposed settlement of the Medtronic, Inc. Securities Litigation, Case No. 0:13-cv-01686-MJD-KMM, pending before the United States District Court for the District of Minnesota (the "Litigation"). The capitalized terms used on this website and not defined herein shall have the same meanings ascribed to them in the Stipulation of Settlement (the "Stipulation"), which can be found and downloaded by clicking on the Case Documents tab above. Your rights may be affected by the Settlement if you purchased or otherwise acquired Medtronic, Inc. ("Medtronic" or the "Company") common stock between September 8, 2010 through and including June 28, 2011 (the "Class Period").

As more fully described in the Notice of Proposed Settlement of Class Action (the "Notice"), the initial complaint in this action was filed on June 27, 2013. On November 4, 2013, Lead Plaintiff filed its Complaint for Violations of the Federal Securities Laws (“Complaint”).

On December 21, 2017, the parties’ counsel attended a one-day mediation session with an experienced mediator, but were unable to resolve the Litigation at that session. Following further discussions with the parties’ counsel (and after additional proceedings in the Litigation), the mediator presented the parties with a Mediator’s Proposal. The Mediator’s Proposal was ultimately accepted by both parties. Following additional negotiations, the parties reached an agreement to resolve the Litigation on the specific terms set forth within the Stipulation.

The Settlement, if approved, will result in the creation of a cash settlement fund of $43,000,000 (the “Settlement Amount”). The Settlement Amount, plus accrued interest (the “Settlement Fund”) and minus the costs of this Notice and all costs associated with the administration of the Settlement, as well as any attorneys’ fees and expenses that may be approved by the Court (the “Net Settlement Fund”), will be distributed to Class Members pursuant to the Plan of Allocation that is described in the Notice.

The law firms of Robbins Geller Rudman & Dowd LLP and Motley Rice LLC represents you and other Class Members. These lawyers are called Plaintiffs’ Counsel. These lawyers will apply to the Court for payment of attorneys’ fees and expenses from the Settlement Fund; you will not be otherwise charged for their work. If you want to be represented by your own lawyer, you may hire one at your own expense.

Although the information in this website is intended to assist you, it does not replace the information contained in the Notice and Stipulation, both of which can be found and downloaded by clicking on the Case Documents tab above. We recommend that you read the Notice and other relevant case documents carefully.

YOUR LEGAL RIGHTS AND OPTIONS IN THIS SETTLEMENT

DEADLINES