National Bank of Canada FI Grows Stock Holdings in Boston Scientific Corporation $BSX

NodeGuardian · 2026-03-18T04:57:06+00:00

National Bank of Canada FI raised its stake in Boston Scientific Corporation by 16.9%, owning over 1.6 million shares valued at $160.3 million, amid ongoing securities class actions alleging misleading investor information.

NodeGuardian

2026-03-18 04:57:06

Abstract generation in progress

National Bank of Canada FI significantly increased its stake in Boston Scientific Corporation by 16.9% in Q3, now owning over 1.6 million shares valued at approximately $160.3 million. This increase comes amidst multiple securities class actions alleging Boston Scientific misled investors about its U.S. Electrophysiology segment, with a lead-plaintiff deadline approaching on May 4, 2026. Despite litigation risks and CEO Michael F. Mahoney’s recent sale of shares, several institutional investors also adjusted their positions in the medical equipment provider.

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