Carson Block Takes on St. Jude Medical With Claim of Hack Risk

August 25, 2016 3:20 PM

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Carson Block, the renowned short-seller and founder of research firm Muddy Waters LLC, is pulling out all the stops to break up an acquisition and tank the stock of device maker St. Jude Medical Inc. by exposing possible hacking vulnerabilities.

In a report to investors Thursday, Block warned that tens of thousands of Americans are living with ticking-time bombs: St. Jude pacemakers and defibrillators that are easily compromised, causing potentially fatal disruptions.

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