The U.S. Attorney's Office for Central California has subpoenaed Edwards Lifesciences ($EW) for documents pertaining to its heart monitor recall in 2006. The Vigilance I Monitor was recalled in June of that year and is now being investigated by the U.S. Attorney's office and the FDA. The company says it is "cooperating fully with the investigation."
Edward Lifesciences also posted its quarterly earnings report, with net earnings of 40 cents per diluted share. The revenue is lower than last year's third quarter, when the company made $73.5 million, or 63 cents per share.
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