Abbott agrees to $385 million settlement in baby formula case
Abbott Laboratories agreed to pay $385 million to settle allegations tied to its management of a baby formula facility, the U.S. Justice Department said.
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Abbott Laboratories has agreed to pay more than $384 million to settle allegations it knowingly manufactured infant formula in environments that posed a substantial risk of contamination, then sold the products to federal and state programs, the U.S. Justice Department said on Monday.The deal resol…
Abbott Laboratories has agreed to pay $385 million to settle allegations tied to its management of a baby formula facility where deadly bacteria was suspected of causing infant deaths, the Justice Department said Monday. The settlement is a more lenient outcome than some prosecutor…