Boston Scientific Adds to Defibrillator Settlement

Boston Scientific has agreed to increase its settlement fund to $240 million in order to settle lawsuits regarding its faulty pacemakers. The original settlement fund was $195 million. The defibrillators in question were made by Guidant Corp. which was taken over by Boston Scientifice. The lawsuits came as a result of faulty wiring that filed to give the heart the necessary jolt of electricity in order for the cardiac rhythm to stabilize.